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The Nexus
BUSINESSMay 20 · 03:32 UTCBLOOMBERGYihui Xie

Hong Kong Targets July Launch for New Gold-Clearing System

Hong Kong is planning to launch a new gold-clearing system in July, amidst market volatility and a reversal in gold and silver prices. The system's launch is expected to drive investors into safer assets. The move comes as Bitcoin's value tumbles and the stock market experiences whipsaws.

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