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2015 Was No Picnic for Gold Investors, Either
In 2015, gold prices had shed 9.6% YTD and closed at $1,060 on December 30, 2015. The precious metal, which had recorded a double-digit growth rate in January, started dipping in March.
How Will the Gold Fix Operate in China?
After long contemplation of the viability of yuan-priced gold, China launched the new gold fix on Tuesday, April 19, 2016.