Report
Asian gold producers reportedly keep more of their gold at home as prices rise
Nikkei Asia reports efforts to refine more domestic gold and discourage exports through taxes and central bank purchases.
TLDR
Nikkei Asia reports that countries across Asia are seeking to retain more value from rising gold prices by refining more of their own production or discouraging exports through taxes and central bank purchases. It cites waning confidence in the dollar and concerns over sanctions as factors behind the shift.
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