Gold prices have breached the US$5,500 mark , thanks in no small part to the erratic comments and policies of Donald Trump. Incidentally, through a combination of foresight and luck, Hong Kong and mainland China stand to benefit from gold’s extraordinary rally. AdvertisementHong Kong and Shanghai have just signed a deal to enable both markets to work closer together in bullion trading. A wholly owned entity, the Hong Kong Precious Metals Central Clearing Company, will tie up with the Shanghai Gold Exchange (SGE) to enhance trade clearing, risk management and networking. With SGE serving as the backbone with its deep pool of liquidity and clientele, Hong Kong hopes to emerge as a major hub for gold trading and storage.