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Chinese Firm Launches Gold Stock Indices

With global demand for gold surging amid market volatility and a real estate slump in China, the nation’s largest index provider has launched two gold-linked stock indices to cash in on soaring gold prices. The China Securities Index Co.’s new gold indices will include shares from international gold mining companies such as Barrick Gold and Newmont Corporation.

According to a statement from the Chinese government-backed index firm, the two new gold indexes will provide the market with a…

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