Marwan Shakarchi takes part in China Gold Market Summit Forum 2016
On the 19th of April 2016, the SGE held the “China Gold Market Summit Forum 2016”. This forum aimed at strengthening the integration and healthy development of global gold markets, and further promoting the internationalization of China’s gold market. Marwan Shakarchi, Chairman of the MKS PAMP GROUP, recently appointed as an international consultant to the SGE, was part of a panel of attendees.
Intervewed by Thomson Reuters, Marwan explains that "China does things in steps and for the long term, first the Free Trade Zone where incidentally our firm -MKS (Switzerland) SA- did the first trade ever and now the fixing. Its market of 1.2 bio people simply cannot be neglected. Lastly I am convinced that in the future we won't say China is at a premium or discount to London but vice versa.
For the full press release, please click here