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China tests yuan gold fix process
Major Chinese banks, some foreign banks involved in trial as China plans to launch gold fix this year
Published Wed, May 6, 2015 · 09:50 PM
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Singapore
CHINA conducted trial runs for the planned launch of a yuan-denominated gold fix last month, three sources familiar with the matter said, in a sign that the world's second-biggest bullion consumer was moving closer to creating a benchmark price.
The sta…
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