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China 2010 Gold Investment Demand May Be 150 Tons, Council Says

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Dec. 2 (Bloomberg) -- China’s investment gold demand may reach 150 metric tons this year, up from 105 tons last year, Albert Cheng, managing director of the World Gold Council’s Far East department, told a conference in Shanghai today. That’s an even larger increase when compared with the 3-4 tons 10 years ago, Cheng said.

To contact the editor responsible for this story: Bloomberg News at rdobson4@bloomberg.net

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