Russia's Sberbank CIB becomes member of Shanghai Gold Exchange
By GCRU Gold News on Tuesday, September 27 2016, 22:42 - Permalink
Sberbank (Switzerland) AG has been granted international membership of the Shanghai Gold Exchange (SGE), a global centre for the physical trade of gold, silver and other precious metals;
The membership gives Sberbank CIB direct access to the Chinese gold market;
"The membership will open the opportunity for us to participate in a greater capacity as a supplier to the world's largest consumer of gold."