Recently I have read offhand references to a different gold
purity standard/requirements for "good delivery" in the NYC and
London gold vaults/warehouses versus the ddelivery standard in
China (Shanghai).
Does anyone know the details? What are the purity requirements
for each location please & thanks?
gold purity question
Posted by cubby on 20th of Dec 2013 at 03:05 pm
Recently I have read offhand references to a different gold purity standard/requirements for "good delivery" in the NYC and London gold vaults/warehouses versus the ddelivery standard in China (Shanghai).
Does anyone know the details? What are the purity requirements for each location please & thanks?
Gold Purity
Posted by lmvine on 20th of Dec 2013 at 07:56 pm
Saw something that many western bars were being recast for China. Link shows purity difference between London & Shanghai.
http://www.goldbarsworldwide.com/PDF/BG_10_Categories.pdf