Hong Kong and Shanghai Gold Exchange Sign Agreement to Build Regional Gold Reserve Hub
Hong Kong and the Shanghai Gold Exchange signed a deal to expand storage and launch a clearing system as gold prices reach record highs above 5,100 dollars per ounce.
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Hong Kong 
HKand the Shanghai Gold Exchange from China 
CNsigned a landmark agreement today, January 26, 2026, to establish a central Goldclearing system. The signing ceremony took place during the Asian Financial Forum, marking a strategic move to formalize the governance structure for the newly established Hong KongPrecious Metals Central Clearing Company.
HKand the Shanghai Gold Exchange from China CNsigned a landmark agreement today, January 26, 2026, to establish a central Goldclearing system. The signing ceremony took place during the Asian Financial Forum, marking a strategic move to formalize the governance structure for the newly established Hong KongPrecious Metals Central Clearing Company.Chief Executive John Lee john leestated that the agreement will facilitate the rise of Hong Kongas a regional Goldreserve hub. The new clearing system is scheduled to begin trial operations later in 2026, providing a structured framework for the precious metals trade across the territory of Hong Kong.
