China Puts Ban on Gold Exchanges

- December 27th, 2011

Reuters reported that China has halted nearly all gold trading in the country.

Reuters reported that China has halted nearly all gold trading in the country.

As quoted in the market news:

The PBOC cited lax management, irregular activities and evidence of illegality which were causing risks to emerge, as the reasons for taking the decision.

Click here to read the full Reuters report.

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