BOC joins Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia, Societe Generale and JP Morgan to set the gold price
Bank of China joins the electronic auctions that set the LBMA Gold Price benchmark, the London Bullion Market Association said Monday.
BOC joins Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia, Societe Generale and JP Morgan to set the gold price, administered by ICE Benchmark Administration.
The benchmark is widely used by producers, consumers and investors to trade and value the metal.
Bank of China joined the LBMA as an initial member in 1987, and has been participating in the gold trading business in London for over four decades.
BOC joins Goldman Sachs, UBS, Barclays, HSBC, Bank of Nova Scotia, Societe Generale and JP Morgan to set the gold price, administered by ICE Benchmark Administration.
The benchmark is widely used by producers, consumers and investors to trade and value the metal.
Bank of China joined the LBMA as an initial member in 1987, and has been participating in the gold trading business in London for over four decades.
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