seoul\s gold bourse suffers lackluster turnover
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Seoul's gold bourse suffers lackluster turnover

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Arab Today, arab today Seoul's gold bourse suffers lackluster turnover

Seoul - Yonhap

South Korea's gold bourse, launched late last month in an ambitious move to bring the unregulated market into the open, is getting off to a slower start than expected with a turnover well below the anticipated level, data showed on Friday. The country's first gold bourse, operated by the Korea Exchange, opened on March 24 with much attention from investors. But since then, the daily turnover has averaged 3.845 kilograms per day, lower than the hoped-for amount of some 10 kg.

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