Hong Kong, Shanghai Gold Exchange team up as price hits new high

City to trial clearing system with mainland, expand precious metal storage

20260126 HK Shanghai Gold Exchange

Hong Kong signed a deal with the Shanghai Gold Exchange on Jan. 26 to establish a new central clearing system for gold. (Hong Kong government website)

ANNE CHAN

January 26, 2026 17:12 JST

HONG KONG -- Hong Kong's government on Monday signed a deal with the Shanghai Gold Exchange to establish a new central clearing system for gold, as China seeks to exert influence amid rising demand for the previous metal.

AI Article