| China's state-run Shanghai Gold Exchange said on Sunday it was working on launching new price benchmark fixing products as a new service to market participants. "We are planning to provide new services to market participants so a lot of new products including price benchmark fixing products are on the way," Song Yuqin, Vice President of the exchange, told the Dubai Precious Metals Conference through a translator.
Sources had told Reuters in February that the exchange would launch a yuan-denominated gold fix this year as the world's top producer of gold seeks to gain more say over the pricing of the precious metal...............................................Full Article: Source
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