Countries or institutions that can participate in the pricing of gold prices: HSBC, Deutsche Bank, Barclays Bank, Societe Generale and scotiabank.

HSBC, USA. Deutsche Bank, Germany. Barclays Bank, UK. Societe Generale, France. Scotiabank, Canada.

From the above institutions and countries, it can be seen that all countries that can participate in the pricing of gold are among the best in the world economy, and they have the right to speak.

Take China as an example. If China can have the strength to decide how much gold is a gram, does that mean that China has a high status in the world, which means that the world recognizes China as a powerful country.

With its rising economic status and market influence, precious metal exchanges with international influence will surely appear in China in the future, and the influence of China factor on the international market price will be greater and greater. Rogers also believes that China will have pricing power not only in precious metals, but also in other commodities. He said that various international exchanges are the core link of the global financial market system, and China urgently needs to develop various transactions, so as to win the pricing power and influence of domestic and foreign markets, especially in the gold trading market, China should have a greater say. I believe that in the future, China will have a greater say in the price of gold today.

thank you