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Business Matters: More Transparency Needed in Gold Pricing

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08/07/2014

More Transparency Needed in Gold Pricing

BBC World Service - Business Matters, More Transparency Needed in Gold Pricing

A summit is being held asking for more transparency in gold price fixing

A summit is being held asking for more transparency in the way the price of gold is decided - and what the criticisms of the current system are.

We ask why a summit is being held asking for more transparency in the way the price of gold is decided. In Washington, the legalisation of marijuana is giving rise to new jobs - the BBC's Samira Hussain tells us about a new vacancy being advertised for a 'marijuana connoisseur'. The Vatican bank is expected to announce new reforms - we see what part recent scandals surrounding the Catholic bank have had in this new decision to slim down its operations. Also, Lucy Kellaway from the Financial Times tells us that passion is overrated in the work place. Finally, Pink Floyd have announced they will be releasing an album, after a 20 year gap - we speak to Casey Rain from the band Swami, to ask if the band's conceptual style will still resonate with people today. We are joined by special guests Jeremy Gordon, author of Risky Business in China, speaking in London, and Ralph Silva from SBR Network, a financial research organisation in Toronto.

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