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Posts Tagged ‘The Shanghai Gold Exchange’

China launches its first gold ‘fix’

Posted by seumasach on April 19, 2016

Asia Times

19th April, 2016

The “fix” is in.

In an effort to have greater access and control over the international gold market, China, the world’s biggest producer and consumer of gold, announced on Tuesday it launched its own benchmark, or “fix,” for the price of gold.

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