Goldman Sachs tracks accumulation in OTC markets, predicting a gold-backed Renminbi could bypass the U.S. dollar system.
1 report, 1 independent
Updated Aug 25
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What happened
Goldman Sachs tracks accumulation in OTC markets, predicting a gold-backed Renminbi could bypass the U.S. dollar system.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Goldman Sachs utilized the Over-The-Counter (OTC) bullion market located in London.Sub-event
GS tracks accumulation and predicts gold-backed Renminbi could bypass USD system.1 source
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The entities involved
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Goldman Sachs
American investment bank
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renminbi
official currency of the People's Republic of China
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