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Where gold trade goes if London loses its grip

IMG Auteur

Chris Powell

GATA

Published : October 13th, 2017

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FOLLOW : China China’s Georgia Gold Investors London Market Metal Metals Precious Metals Report Trade World

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Category : GoldWire


	London is facing challenges on multiple fronts to its centuries-old status as the place where the world trades gold. Two U.S.-based exchanges, CME Group Inc. and Intercontinental Exchange Inc., have created new ways of buying and selling precious metals. So has the London Metal Exchange. Trade volume in New York is rising, and China, where most of the metal ends up, is giving investors new ways to bet on gold’s price. All of this is a threat to London's over-the-counter market, historically the leading player in global trade of bullion. ... ... For the remainder of the report: https://www.bloomberg.com/news/articles/2017-...d-trade-goes...

Data and Statistics for these countries : China | Georgia | All

Gold and Silver Prices for these countries : China | Georgia | All

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IMG Auteur

Chris Powell 13 abonnés

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Chris Powell is the secretary of the Gold Anti-Trust Action Committee (GATA) which has been organized to advocate and undertake litigation against illegal collusion to control the price and supply of gold and related financial securities.

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