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“Begun, the Mineral Wars have. Rebuild its gold supply chains, the West must.”
Topics:
Standard Charter Talking Gold, And it is Bullish
Russia Launches Gold Contract, Takes on LBMA Benchmark
Market Analysis:
Standard Charter Talking Gold, And it is Bullish
What is this?
A nicely put retail piece extolling the virtues of Gold aimed at English speaking investors with little exposure to Gold published by Standard Charter Bank (SC).
Why this is piece significant?
SC is an older bullion bank that has largely changed focus over the years. Currently they are very Crypto and Stablecoin focused. The bank is also (extremely) well positioned in the emerging Hong Kong Stablecoin ecosystem according to JPM as recently as 3 weeks ago. Now SC is talking about Gold once again to (retail) clients in an introductory way.
Full analysis in Premium Post: Standard Charter Talking Gold, And it is Bullish
Russia Launches Gold Contract, Takes on LBMA Benchmark
Russia, the world’s second-largest gold producer, will begin trading physical gold on the St. Petersburg International Mercantile Exchange (SPIMEX) by year-end, in a strategic move to establish domestic price benchmarks and reduce reliance on the London’s LBMA Bullion benchmark.
This shift is part of a broader state-led strategy to assert economic sovereignty. The launch of domestic gold trading follows Moscow’s 2023 creation of the Institute of Oil & Gas Initiatives, a parallel to the U.S.-based American Petroleum Institute.
Full analysis in GoldFix Newswire : Russia Launches Gold Contract, Takes on LBMA Benchmark
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