![120 USD Shanghai’s price arbitrage on gold](/data/include/img/news/1695829758.png)
In recent weeks, we had experience high price divergence between Shanghai Free Trading Zone (based on Comex and LBMA pricings) and Shanghai Gold Exchange having its own benchmark and serving domestic market. This peaked as high as 120 USD. So is it finally time for gold’s price de-coupling to occur in between east and west? And should be expect price charts to explode? Nope. Not really. We’re going to try explain what’s happening in our opinion, however need to clearly emphasize, that amount of misinformation and misinterpretations surrounding subject is extraordinary.