Hong Kong has begun a trial operation of a new gold clearing system, supported by several major banks, as it seeks to position itself as a bullion-trading hub with price-setting influence. While still in trial mode, the rollout is a constructive step toward improving market infrastructure and liquidity in gold trading.
Hong Kong has begun a trial operation of a new gold clearing system, supported by several major banks, as it seeks to position itself as a bullion-trading hub with price-setting influence. While still in trial mode, the rollout is a constructive step toward improving market infrastructure and liquidity in gold trading.
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mildly positive
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