MoU signed for Chinese gold market
The Shanghai Gold Exchange (SGE) and the World Gold Council (WGC) last week signed a Memorandum of Understanding (MoU) on a comprehensive strategic co-operation agreement. The WGC hopes that the joining of hands between the two will support the development of domestic and international gold trading in China by leveraging the opportunity provided by the internationalisation of the Chinese gold market through the Shanghai Free Trade Zone (FTZ).
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