Tag: BASEL III
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The Impact of Basel III Regulations on the Gold Market
Basel III has introduced transformative changes to the global financial system, particularly for the gold market. These regulations reclassify gold, alter its risk assessment, and impose stricter requirements on unallocated gold. Here’s an overview of the major implications: 1. Reclassification of Gold Under Basel III, physical or allocated gold is reclassified from a Tier 3…