China plans yuan-denominated gold fix this year - sources A. Ananthalakshmi 16 Hours Ago Reuters SINGAPORE, Feb 27 (Reuters) -
China plans to launch a yuan-denominated gold fix this year to be set through trading on an exchange, sources familiar with the matter said, as the world's second-biggest bullion consumer seeks to gain more say over the pricing of the precious metal.
CME Group Inc launched a physically deliverable gold futures contract in Hong Kong earlier this year, while the Singapore Exchange launched a 25 kg contract last year.
(Editing by Alan Raybould) MORE FROM CNBC
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