Gold platforms should not set prices/transactions should be based on the reference rate Muhammad Amin Kolhaduzan, former head of the Center for Electronic Commerce Development: One of the essential differences between the regulation of the gold market and the exchange was that we did not allow pricing and the creation of a parallel market to set the price. In the rules considered for gold platforms, we emphasized that the transactions should be made on the basis of the reference price of the official market so that the price of gold is proportional to the exchange rate, but not create a price bubble.

Gold platforms should not set prices/transactions should be based on the reference rate Muhammad Amin Kolhaduzan, former head of the Center for Electronic Commerce Development: One of the essential differences between the regulation of the gold market and the exchange was that we did not allow pricing and the creation of a parallel market to set the price. In the rules considered for gold platforms, we emphasized that the transactions should be made on the basis of the reference price of the official market so that the price of gold is proportional to the exchange rate, but not create a price bubble.