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Woody
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>China Wants More Influence in Determining the Price of Gold and Silver  - Fabrice Drouin-Ristori - GoldBroker.com
Do they want it up or down?

Commented 3613 days ago
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Beginning of the headline :The mechanism used to determine the price of gold and silver, the London fix, is under pressure and China, of course, wants to take advantage of this situation to have more to say on the way precious metals prices should be determined in the future. As a reminder, the London silver fix, used to determine the price of silver, will end in August of this year. China, the largest producer and importer of physical gold in the world, has started to approach some foreign banks and the other main gold... Read More
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