Wednesday, March 18, 2015

A key part of the gold market will see a major shift Friday

A key part of the gold market will see a major shift Friday Mar 18, 2015 New gold price medium may lift China’s ‘secretive veil’ ByMYRAP. SAEFONG MARKETS/COMMODITIES REPORTER SAN FRANCISCO (MarketWatch) — On Friday, for the first time in close to a century, the gold market price fix is about to change. It is a move that could potentially provide a better view of China’s insatiable demand for the precious metal. The London Bullion Market Association said the LBMA Gold Price will launch on Friday, with the ICE Benchmark Administration operating the auction process.



Read more about A key part of the gold market will see a major shift Friday

No comments:

Post a Comment