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Digital gold could soon shake up London’s precious metal markets

Summary by CNBC
The World Gold Council is looking to digitalize London's $930 billion gold market.

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Digital gold could soon shake up London’s precious metal markets

The World Gold Council is looking to digitalize London's $930 billion gold market.

·United States
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http://coinprofitnews.comhttp://coinprofitnews.com

World Gold Council pushes gold-backed tokens for London’s multibillion dollar market

London’s $930 billion gold market is facing a major disruption, and it’s coming straight from the top. On Wednesday, the World Gold Council (WGC) announced its plan to introduce a digital token called the Pooled Gold Interest (PGI). This new token would be backed by real gold bars sitting inside Lon...

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NaftemporikiNaftemporiki

After Digital Currencies, Comes Digital Gold. and It Could Change Everything

London's gold market, worth almost $930 billion, is facing a development that could bring about a total "transformation". The World Gold Council (WGC) has presented a proposal for the... After digital currencies, comes digital gold. And it could change everything - ΙΝΑΦΤΕΜΟΠΟΡΙΚΙ

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CNBC broke the news in United States on Sunday, September 7, 2025.
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