``Gold prices in China have eased in recent months, tracking a similar trend in the overseas market. International gold prices slumped 20 percent to around 1,600 U.S. dollars per ounce. And correspondingly, retail prices of gold in Beijing have declined three times this month. It's spurred gold investors into a shopping frenzy... Figures from the World Gold Council show, China overtook India in the third quarter as the largest gold jewellery market. ''

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