Hong Kong has taken another step towards building itself into an international gold trading hub, after confirming deals that will see gold refineries localise production in the city. The addition of the local refineries will allow Hong Kong to form a complete gold trading ecosystem, boosting belief in the city’s ability to become a trusted global gold vault, according to analysts. “Hong Kong has been substantiating the idea of a global gold hub now that it no longer needs mainland-based...
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