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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.

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1 Source, 1h ago, first seen 1h ago

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.

Combined views

1.8K

1 Source, first seen 1h ago

1 likes1 saves

Combined views

1.8K

1 Source, first seen 1h ago

1 likes1 saves

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Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

1 Source

@NikkeiAsiaAsian gold producers begin hoarding domestic supplies after price rises https://s.nikkei.com/3VrISJ61h
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    1 Source

    @NikkeiAsiaAsian gold producers begin hoarding domestic supplies after price rises https://s.nikkei.com/3VrISJ61h
    Today's Rank

    #16

    Today's Rank

    #16