Paul Chan: Hong Kong is actively promoting the establishment of a gold central settlement system, with a trial run expected to commence within the year.

MarsBitNews · 2026-01-18T05:43:27+00:00

Hong Kong Financial Secretary Paul Chan Mo-po published an essay pointing out that the importance of gold in central bank reserves and investments is continuously increasing, and gold prices are expected to rise by 60% cumulatively by 2025. The Hong Kong gold market is active, driving the establishment of a central gold settlement system to improve trading efficiency and liquidity.

MarsBitNews

2026-01-18 05:43:27

Abstract generation in progress

Mars Finance reports that on January 18, Hong Kong Financial Secretary Paul Chan released his essay “Seizing Development Opportunities in a Complex International Landscape,” which pointed out that: Gold’s role as a central bank reserve, investment product, and risk hedging tool has been further strengthened. Gold prices have accumulated a rise of over 60% by 2025, the largest increase since 1979. As of the third quarter of last year, global gold demand value increased by 44% year-on-year to $146 billion. The Hong Kong gold spot trading market has become significantly more active. By November last year, the average daily trading volume of the Hong Kong Gold Exchange’s nine-nine gold more than doubled year-on-year to HKD 2.9 billion. Hong Kong is accelerating the establishment of a gold central clearing system as an important financial infrastructure to enhance the reliability and efficiency of Hong Kong’s gold trading and physical delivery, reduce transaction costs, and increase liquidity. The goal is to launch a pilot within this year and invite the Shanghai Gold Exchange to participate.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.