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Perth Mint First Refinery Accredited By Shanghai Gold Exchange

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Published : May 22nd, 2014
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Category : GoldWire

REFINERY

Last week The Perth Mint was the first refinery to be officially recognised by the Shanghai Gold Exchange. While The Perth Mint’s bars have been imported into China for many years, the accreditation provides assurance to Chinese firms that the Mint’s bars are “good delivery”.

The Shanghai Gold Exchange accreditation confirms The Perth Mint’s standing as one of the most widely accepted marks in the international gold market, which it has been servicing for over 115 years. In addition to the Shanghai Gold Exchange accreditation, he Perth Mint’s brand is recognised by other leading gold and silver markets, including:

  • London Bullion Market Association - first listed circa 1928   • CME Group (COMEX) - listed here   • Tokyo Commodity Exchange – listed here   • Dubai Gold & Commodities Exchange – listed here

China has become a major destination for the approximately 300 tonnes ($12 billion) of gold The Perth Mint refines from Australian and other regional mines each year.

Data and Statistics for these countries : China | All
Gold and Silver Prices for these countries : China | All
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