• Posts Tagged ‘gold’

    Shanghai Takes USD 100 Bln Physical Gold In 2013

    by  • July 21, 2013 • IRIS Commentary

    An annual global production of about 2,000 tonnes of gold translates into USD 100 Billion, most of that is forecast to be transacted as physical deliveries through the Shanghai Gold Exchange, now the undisputed exchange for physical gold. This is an astonishing development in less than a year and it will surely bode well...

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