Hong Kong is preparing to launch a new gold settlement system in the coming months, reinforcing its position as a leading gold trading center in Asia. This initiative aims to secure a competitive edge in the precious metals market.
The Hong Kong Stock Exchange (HKEX) plans to relaunch gold futures contracts as the city aims to become an international gold trading hub. This decision comes amidst sharp fluctuations in gold prices due to geopolitical tensions.
Gold prices in the Egyptian market saw a significant increase during mid-session on Tuesday, April 28, 2026, reflecting ongoing changes in the global market. This rise comes at a time when the global economy is experiencing considerable fluctuations.
Gold prices have seen a significant drop as the U.S. Federal Reserve prepares for a two-day meeting to discuss monetary policy. Expectations indicate a potential freeze on interest rates, marking this meeting as possibly the last for Chairman Jerome Powell.
Gold prices in Dubai have seen a significant increase, with buyers still benefiting from discounts of up to <strong>18 dirhams</strong> compared to April peaks. This rise comes amid growing global demand for the yellow metal.
Gold prices in Dubai have seen a significant increase following three consecutive days of gains, after experiencing their worst monthly performance since 2008. This rise comes amid global market fluctuations and inflationary pressures.
Tether Holdings SA has terminated the services of two senior precious metals traders shortly after their hiring from HSBC. This surprising move aims to enhance the company's performance in the gold market.
Hong Kong has called on several China-friendly central banks to participate in its gold clearing system, aiming to strengthen its position as a global gold trading hub. This initiative comes as the city seeks to regain its status as a global financial center after recent challenges.