Shanghai Gold Exchange gives a fillip to China’s global aspirations
By GCRU Gold News on Monday, October 16 2017, 12:50 - Permalink
Positioning itself for global pricing, the exchange aims to find price discovery among its members, local or foreign, who are either buying or selling physical gold.
As SGE is primarily a physical market, it suggests that its pricing will represent a true balance of supply and demand, industry observers said.