TOCOM launches physical market for Gold
By GCRU Gold News on Tuesday, July 26 2016, 00:58 - Permalink
The Tokyo Commodity Exchange has launched the new physical market for gold, “Gold Physical Transaction”. The number of executed transactions for the first trading day was 14.
TOCOM is the only regulated exchange that operates a gold market in Japan and gold is the most actively traded commodity at the Exchange. With the launch of this Gold Physical, TOCOM provides a single platform where market participants can trade gold in futures and physical at transparently formed prices.