Chinese customer buys 95-kilo gold bar for 35,000,000 yuan

A Chinese customer at Caibai bought a 95-kilo bar. He frequently buys and sells gold, this time making a huge purchase due to QE3. He sees gold breaking $1800 an ounce. In USD, his purchase is worth more than $5 million. Were gold to rally $50, this customer would stand to gain about $150,000 or close to ￥1 million。

金价再创新高 投资客买95公斤金条价值3500万元