China Launches Yuan Gold Fix

gold reserves by country april 20 2016 top ten

China Shakes Up Gold World with Remnimbi Denominated Gold Fix. Shanghai Now Shares Power Over Gold Price With London and New York. Earlier this week, China launched the Shanghai Gold Benchmark (SGB) that provides a gold price fix denominated in Chinese Remnimbi or Yuan. The new SGB provides an alternative or competition to the New Read More →