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Shanghai gold premiums remain high, supply tight

Section: Daily Dispatches

From Reuters
Friday, July 12

SINGAPORE -- Shanghai gold premiums were at high levels this week as supplies into the world's second-biggest gold consumer dwindled and are set to remain tight over the next few months. Prices for gold of 99.99 percent purity on the Shanghai Gold Exchange were nearly $30 per ounce higher than London spot prices.

For the full story:

http://www.reuters.com/article/2013/07/12/china-goldpremiums-idUSL4N0FI2...



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