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Cui Lin

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Demand has been affected, but not very significantly, mainly due to the approach of the New Year. I expect high gold prices will have a more serious impact on consumption after the holidays.

The timing (of establishing the gold fund) couldn't be better as the recent gold price surge has caught the attention of investors, both incumbent and potential ones.

Investors' heightened attention will make it easy for the proposed fund to attract investment.

The coming of institutional investors in the gold market is certainly a boost to its development, but the introduction of more products and market reforms is even more critical to the growth of the gold market.

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