Shanghai Gold Exchange
Coverage of Shanghai Gold Exchange in the Nexus archive.
- Hong Kong’s gold clearing and settlement firm joins Shanghai exchange
Hong Kong’s gold clearing and settlement firm has joined the Shanghai Gold Exchange as an international member. The Hong Kong government aims to build an international gold trading market by establishing a central clearing system to attract physical gold storage, clearing, and delivery.
- Hong Kong’s gold clearing and settlement firm joins Shanghai exchange
Hong Kong’s gold clearing and settlement firm has joined the Shanghai Gold Exchange as an international member. The Hong Kong government aims to build an international gold trading market, including a central clearing system to attract physical gold storage and related services.
- Major Chinese banks suspend individual trading on Shanghai Gold Exchange amid volatility
Major Chinese banks are suspending individual trading on the Shanghai Gold Exchange due to market volatility. Industrial and Commercial Bank of China (ICBC) announced it will stop offering individual precious metals trading linked to the exchange starting July 24, following similar actions by other banks.