Wag the Dog – The new COMEX and SGE Gold Contracts
By GCRU Gold News on Friday, October 25 2019, 04:38 - Permalink
Last week, in a move which went largely unnoticed, the US and Chinese gold markets moved one step closer to lockstep, when the CME group, home of the COMEX gold derivatives market and the Shanghai Gold Exchange (SGE), the world’s largest physical gold exchange, simultaneously and jointly launched a series of gold futures products in what they pitched as cross-market cooperation.