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  • November 28, 2014
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  1. Business - Commodities - METALS

    LME plays Asia card in bid for gold pricing job

    Posted Oct 21st 2014, 04:39am by Reuters

    ... benchmark with a new electronic system. A lot of the same people who traded physical industrial metals such as copper on the LME also bought and sold precious metals, Jones said. "We feel there's a lot of support from the LME to play a bigger role in precious metals because of those physical players," he said. The LME's new pricing process would be run through bespoke ...

  2. Business - Commodities - METALS

    Three more banks gain approval to import gold into China

    Posted Aug 20th 2014, 01:34am by Reuters

    ... of the metal. The move, which brings the number of firms allowed to import gold into China to 15, comes ahead of the launch in September of a new international bullion exchange in Shanghai that China hopes to become a price-discovery centre. China and other Asian gold trading centres such as Singapore are calling for more localised pricing of the precious metal as they seek alternatives ...

  3. Business - Commodities - METALS

    Gold sales plummet in Hong Kong as mainland demand slumps

    Posted May 16th 2014, 01:05am by BLOOM

    ... Poon, general manager at Heraeus, a precious metals trader and refiner. Chinese gold and silver jewellery sales fell 30 per cent to 20.8 billion yuan (HK$26.1 billion) in April from a year ... as the largest user last year, the buying frenzy that was sparked by gold's slump into a bear market last April has not been repeated, according to Heraeus Metals Hong Kong. "Before, when ...



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