BSP to allow pawnshops to buy gold from miners

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The story "BSP to allow pawnshops to buy gold from miners" was covered 19 hours ago by Business Mirror, a news publisher based in Philippines.

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BSP to allow pawnshops to buy gold from miners - Business Mirror

Quick Summary:

PAWNSHOPS could soon be allowed to purchase gold from small scale miners for the purpose of eventually selling these to the Bangko Sentral ng Pilipinas (BSP).

Stakeholders have until December 6 to submit their comments on the draft circular.

Once approved, the circular will take effect 15 calendar days after publication in the Official Gazette or in a newspaper of general circulation.Cai U.