Reasons for suspension of precious metal foreign exchange trading
This generalization is one-sided. Because the law prohibits American citizens from trading precious metals over the counter in the United States. Investing in London gold through the formal platforms in Hong Kong and Britain is still protected by law. As for the opening time and hedging in the United States. China Gold and Silver Exchange, the British Financial Services Authority extended the trading hours several years ago, covering American time. The New York Mercantile Exchange's gold futures varieties are also important hedging channels. What is really affected are some American platforms, such as Forex.com, the retail trading brand of Jiasheng Group, an American foreign exchange trader. Yingfeng national debt market from Australia will withdraw from the spot gold market.