CHINA Takes Control Of GOLD From The COMEX

By July 15, 2018Financial Analysis

CHINA Takes Control Of GOLD From The COMEX 

By David Brady – Sprott News

The correlation between Gold and the USD/CNY exchange rate has become clear recently. I first cited the idea of Gold being pegged in yuan terms in February, based on the increasingly narrow range in the Gold/yuan (or “XAU/CNY”) exchange rate.

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