Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?

To: Goose94 who wrote (18042)	5/4/2016 8:12:58 AM
From: Goose94	Read Replies (2) \| Respond to of 205421

China plans to simplify Gold trade policy China will implement a new policy aiming at simplifying the import and export of gold, the People’s Bank of China said The new policy will allow companies that have “frequent imports and exports” of gold to apply for a single permit that can be used for up to 12 shipments, it said in a statement. Previously, importers/exporters have had to apply for a new permit for every shipment of metal. A trial of the new policy, which will start on June 1, will apply to Beijing, Shanghai, Guangzhou, Qingdao, Nanjing and Shenzhen. China, the world’s biggest consumer and producer of gold, rolled out a new yuan-denominated gold pricing fix last month as it seeks to establish greater influence in international commodities pricing. -