Hong Kong's Gold Trading Ecosystem Highlighted at Global Precious Metals Conference 2026 in Italy. - 巴士的報

AI desk brief

Hong Kong’s Financial Services Secretary said the city is moving from planning to implementation on a gold-trading ecosystem, with a trial Hong Kong Gold Central Clearing and Settlement System already well received and formal launch targeted for Q1 next year. The system has 11 banks as provisional direct participants, with more interest from other banks, and is being linked to RTGS for delivery-versus-payment settlement to cut settlement risk and operational friction.

The government is also pushing storage and refining capacity and is considering tax concessions to support the sector. LBMA will co-host its Asia Forum with the Hong Kong government and HKPMCC in Hong Kong next April, underscoring Hong Kong’s push to connect international and Mainland gold markets and align local delivery standards with LBMA norms.