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Australia to Launch Gold Exchange

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"Australia's first physical bullion exchange, an over-the-counter spot market for gold, silver and platinum will begin operations next month."

Reuters

Australia's first physical bullion exchange, an over the counter (OTC) spot market for gold, silver and platinum, will begin operations Oct 4, the Australian Bullion Exchange (ABX) said in a statement on Tuesday.

Bullion would be bought and sold on the exchange through listed brokers, it said, adding it was targeting a number of large financial institutions to register as members. . .View full article

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