All You Need to Know About China's New Shanghai Gold Fix
By GCRU Gold News on Friday, April 22 2016, 01:53 - Permalink
CHINA's Shanghai Gold Exchange this week launched a new benchmark price for gold bullion.
Aimed at finding the market-wide price in the world's No.1 gold mining and importing nation, it will either complement, challenge or supersede the world's long-established daily benchmark set in London, according to officials, traders and analysts commenting on the launch.