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& Qingdao International Nonferrous Metals Investment QQ:, Tel:,. Qingdao International Nonferrous Metals Investment, Qingdao International Nonferrous Metals Agent, Qingdao International Nonferrous Metals Rebates, Qingdao International Nonferrous Metals Company Agent Rebates, Qingdao International Nonferrous Metals Personal Agent Rebates Conditions, invest in precious metals and find Qingdao International Nonferrous Metals. Precious metals spot investment, high rebates and agents, high income, low threshold for opening an account. For the production, processing and even consumption of gold, the status of the Asian market is crucial. Although no Asian institution has yet participated in the competition for Qingdao International's nonferrous metals pricing power, at a time when the international gold industry is discussing changing the century-old London gold fixing price system, Asia's two major financial centers, Shanghai and Singapore, have announced the launch of their own more Open spot gold trading contract.
In this context, at the end of the month, the World Gold Council issued a public statement stating that it would hold a forum at the beginning of the month to discuss the London gold fixing price with banks, gold smelters, fund companies, central banks and gold mining companies. Reform plan, the British regulatory authorities will also participate as observers.
As for gold pricing, the World Gold Council stated that the reformed mechanism should be based on transaction prices rather than quotations. This price should be tradable, not a reference price. The relevant price data involved should be highly transparent, public, and auditable, and the benchmark price should come from a market with sufficient depth and liquidity.
Some analysts believe that the current gold pricing mechanism is limited to a few banks, but these banks are also major participants in the global gold trading market, which provides a lot of room for price manipulation. The information in the hands of these banks is extremely It may give them unfair and illegal advantages in precious metals trading.
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