Loading ...I would really like to know what China means by this !
I can’t imagine China wants to pay more $$ for gold. Could it be China that is trying to knock the price down, so they can get more of what we don’t seem to want?
“The board is China’s bid to deepen its influence over the global gold market, where China is the biggest producer and consumer but sees itself as lacking clout in pricing.
“This is our window to the world,” Shen Gang, the bourse’s deputy chief executive, said at an industry conference on Thursday.”