Silver Market Morning: Oct-8-2015
Snippet:
Further to our comment on the Yuan steadily moving into a strong position in international trade, yesterday, China has announced it has opened a payments clearing system for the Yuan. Why is this important? Because we are seeing an acceleration of the pace of the internationalization of the Yuan.
Gold Today –New York closed with the gold price at $$1,145.60 down from $1,146.80 yesterday in New York. Ahead of London’s opening the price moved down to $1,142 as recorded in London. China is open today.
Thursday, October 8th
First published here: Silver Market Morning: Oct-8-2015
