The Traderszone Network

Published in TZ Latest News 28 May, 2016 by The TZ Newswire Staff

Why China’s Largest Bank Just Bought a Massive Gold Vault

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You have to put all of that gold somewhere. Image source: Barrick Gold.

ICBC Standard Bank just made a huge bet on gold. Although the details weren’t disclosed, China’s largest bank now owns one of just seven secret gold vaults hidden in London in what is something of an exclusive gold market. Here’s what you need to know.

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