Gold Price Discovery Shifting to Physical Shanghai Gold Exchange as Prices Diverge vs LBMA
December 02, 2016 at 18:17 PM EST
The launch of the Shanghai Gold Exchange (SGE) was a promising event for gold investors. The exchange provides a new benchmark price for gold bullion with a much higher backing of contracts by actual physical metal. Many hope this new price benchmark will challenge or one day replace the Western price benchmarks that are widely […]