BUSINESSJul 3 · 02:21 UTCSCMP WORLDEnoch Yiu,Julie Zhang

Hong Kong to launch long-awaited gold clearing and settlement system next week: sources

Hong Kong will launch a gold clearing and settlement system next week, aiming to position itself as an international price-setter for gold. The first gold settlement through the new system is scheduled for Tuesday, with large gold bars being transported to Asia in anticipation.

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Hong Kongplacegold clearing and settlement systemtopicSouth China Morning PostorganizationLondonplaceUnited StatesplaceEuropeplaceAsiaplace

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