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Second Set of Gold Bars Launched for 2008

A second batch of gold bars for the 2008 Beijing Olympic Games was launched in Shanghai on December 18, with traders confident of cashing in on the collectibles due to growing demand and rises in international gold prices.
The 1,750 kilogrammes of gold bars featuring the five Olympic mascots have been snatched up by gold dealers nationwide and began to be sold out before the Chinese New Year, according to the bars' distributor Shanghai Gold Coin Investment Company.
The bars can be bought in various sizes; 1,000g, 500g, 200g, 20g and 10g. The lowest retail price has been suggested at 153 yuan (US$19) per gram although dealers expect to sell the bars for as much as 180 yuan (US$22) per gram in some large cities of China, like Beijing, Shanghai and Guangzhou.
Meanwhile, 2,008 kilogrammes of plain Olympic gold bars have also been launched. Although production is still going on, almost all of the bars have already been ordered by dealers nationwide, according to the distributor China Gold deal (Beijing) Investment Company.