Monday, 29th November 2004 (3207 views)

Chinese consumers are turning to gold bars as they look for new ideas for investments after finding themselves with more money.

The bars offer people a different type of investment, the security of assets and the chance for a profit, according to China Daily.

According to reports, the second set of 2005 New Years Celebration Gold Bars have only recently gone on sale in Beijing but have already been welcomed by potential consumers.

This set of bars is being sold at an increase price compared to the first set, which sold out quickly only a week ago.

According to reports, the second batch contains 200 kilograms, compared to the previous 300 kilograms, but bullion dealers claim an extra batch may be made to meet demand if needed.

Already experts are predicting the gold sector will see a big rise in profits for the year, with strong positive public response being experienced.

 

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