China firm launches stock indices to tap into rush for safe-haven gold

China's biggest index provider launched on Wednesday two gold-linked stock indices to cash in on surging demand for exposure to the safe-haven metal amid a slump in the local real estate market and volatile global markets. The new indexes , launched by the China Securities Index Co, include shares of global gold miners such as Newmont Corporation and Barrick Gold. Spot gold has gained more than 8% so far this year, rising to an almost six-month high of $2,009 an ounce last week.