PAGE zmení charakter trhu so zlatom

So spustením PAGE v júni 2012 sa charakter trhu so zlatom môže zmeniť. S veľkou pravdepodobnosťou sa zmení transparentnosť na trhu, ako aj dynamika globálnej ponuky a dopytu.

The Exchange, which will be opened at Kunming, capital of China’s southwestern province of Yunman will certainly change the way gold prices are setting, analysts added.

The setting up of the Exchange is entitled to change global supply and demand dynamics and how gold can be traded.

Many believes that it will create greater transparency in the markets because the gold will be priced in terms of an alternative currency, bypassing the dollar, which remains global currency.

Six major Chinese banks will fix the gold price every morning at 8am their time.

Analysts said PAGE could pose a challenge to the near monopoly on gold price discovery currently held by the members of the London Bullion Market Association (LBMA) that include many large banks.

What magical impact the PAGE will create in global gold markets is a mystery now but it will significantly change the way gold gets traded now.

Článok: www.commodityonline.com/news/Beware-of-Chinas-Pan-Asia-Gold-Exchange-42667-3-1.html

29.09.2011