BNP Paribas bets on Chinese gold market as commodity is set to soar

BNP Paribas bets on Chinese gold market as commodity is set to soar

BNP Paribas has been granted membership of the main board of the Shanghai Gold Exchange, which will allow the bank to fully participate in the Chinese gold market by offering deeper liquidity and broader product scope. The move comes as gold is rising on uncertainty over US-China trade talks and Britain's exit from the European Union. "The risk is really quite high that the current UK government is steering towards a hard Brexit ...

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