China to launch interbank gold market

Previous Post: nbsp

China to launch interbank gold market

Financial Times – China is set to launch interbank gold trading at the end of next month amid a broader set of banking reforms, in a move that has the potential to boost demand for bullion in the world’s largest consumer. A spokesman for the Shanghai Gold Exchange confirmed that the exchange “has this plan” to create an interbank gold market and was working with other government agencies to do so, but declined to disclose details of how the new market would function. Read Article

Tags: , ,

Views: 0

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes