Report
Asian gold producers move to keep more gold at home after price rises
Nikkei Asia reports that producing countries are moving to refine more mined gold domestically or discourage exports through taxes and central bank purchases.
TLDR
Nikkei Asia reports that gold-producing countries across Asia are seeking to capture more value from rising prices by refining more of their mined gold domestically or discouraging exports. The report points to export taxes and central bank purchases as possible measures, and cites waning confidence in the dollar and concerns over sanctions as factors behind the push.
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