
Why have all Chinese banks disappeared from the LBMA Gold Price auction?
In a very strange development, which has gone practically unnoticed, all of the Chinese banks that were direct participants in the LBMA Gold Price auctions have recently disappeared.
The latest casualty is Bank of China, which bizarrely is said to have requested a self-suspension. Before that, ICBC and Bank of Communications disappeared.
With zero commentary from the... Continue Reading