Hong Kong Gold Storage Capacity to Surge 100% to 2,000 Tons
2026-07-11 23:05

Woofun AI reports that Hong Kong has initiated trial operations for a central gold clearing and settlement system. The city aims to expand total gold storage capacity to over 2,000 metric tons within three years. Authorities are also exploring yuan-denominated gold futures while reviving US dollar-denominated contracts. These measures seek to enhance offshore yuan funding access and provide institutions with non-dollar settlement routes.

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