Gold’s price potential still ‘explosive’ amid Beijing hoarding, Hong Kong trading push

Gold prices have “explosive” upside potential, according to analysts, boding well for Hong Kong’s ambitions as a trading hub as Asian central banks continue to have a voracious appetite for stockpiling bullion.

Supporting the outlook, Beijing – which has added to its gold reserve for 20 straight months – wants to better connect the Shanghai Gold Exchange to Hong Kong, and the South Korean central…

This is a short excerpt. EkJhalak links out rather than reproducing other newsrooms’ work — continue at South China Morning Post.