Friday, 8 May 2015

Spot gold trading shrinks as interbank deals dry up

Volumes in the global spot gold market have fallen to their lowest in a year, with shrinking liquidity and a slowdown in interbank trade making customers reluctant to transact on a large scale. Tighter regulation and credit constraints resulting from the 2008-2009 financial crisis saw several banks withdraw from the commodity sector to ease cost pressures Read More

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