{"version":"1.0","provider_name":"UKBullion Blog","provider_url":"https:\/\/www.ukbullion.com\/blog","title":"World Gold Council Advises India on Gold Exchange - UKBullion Blog","type":"rich","width":600,"height":338,"html":"<blockquote class=\"wp-embedded-content\" data-secret=\"DapiGXKW75\"><a href=\"https:\/\/www.ukbullion.com\/blog\/world-gold-council-advises-india-on-gold-exchange\/\">World Gold Council Advises India on Gold Exchange<\/a><\/blockquote><iframe sandbox=\"allow-scripts\" security=\"restricted\" src=\"https:\/\/www.ukbullion.com\/blog\/world-gold-council-advises-india-on-gold-exchange\/embed\/#?secret=DapiGXKW75\" width=\"600\" height=\"338\" title=\"&#8220;World Gold Council Advises India on Gold Exchange&#8221; &#8212; UKBullion Blog\" data-secret=\"DapiGXKW75\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\" class=\"wp-embedded-content\"><\/iframe><script type=\"text\/javascript\">\n\/*! This file is auto-generated *\/\n!function(c,d){\"use strict\";var e=!1,o=!1;if(d.querySelector)if(c.addEventListener)e=!0;if(c.wp=c.wp||{},c.wp.receiveEmbedMessage);else if(c.wp.receiveEmbedMessage=function(e){var t=e.data;if(!t);else if(!(t.secret||t.message||t.value));else if(\/[^a-zA-Z0-9]\/.test(t.secret));else{for(var r,s,a,i=d.querySelectorAll('iframe[data-secret=\"'+t.secret+'\"]'),n=d.querySelectorAll('blockquote[data-secret=\"'+t.secret+'\"]'),o=new RegExp(\"^https?:$\",\"i\"),l=0;l<n.length;l++)n[l].style.display=\"none\";for(l=0;l<i.length;l++)if(r=i[l],e.source!==r.contentWindow);else{if(r.removeAttribute(\"style\"),\"height\"===t.message){if(1e3<(s=parseInt(t.value,10)))s=1e3;else if(~~s<200)s=200;r.height=s}if(\"link\"===t.message)if(s=d.createElement(\"a\"),a=d.createElement(\"a\"),s.href=r.getAttribute(\"src\"),a.href=t.value,!o.test(a.protocol));else if(a.host===s.host)if(d.activeElement===r)c.top.location.href=t.value}}},e)c.addEventListener(\"message\",c.wp.receiveEmbedMessage,!1),d.addEventListener(\"DOMContentLoaded\",t,!1),c.addEventListener(\"load\",t,!1);function t(){if(o);else{o=!0;for(var e,t,r,s=-1!==navigator.appVersion.indexOf(\"MSIE 10\"),a=!!navigator.userAgent.match(\/Trident.*rv:11\\.\/),i=d.querySelectorAll(\"iframe.wp-embedded-content\"),n=0;n<i.length;n++){if(!(r=(t=i[n]).getAttribute(\"data-secret\")))r=Math.random().toString(36).substr(2,10),t.src+=\"#?secret=\"+r,t.setAttribute(\"data-secret\",r);if(s||a)(e=t.cloneNode(!0)).removeAttribute(\"security\"),t.parentNode.replaceChild(e,t);t.contentWindow.postMessage({message:\"ready\",secret:r},\"*\")}}}}(window,document);\n<\/script>\n","description":"It has been suggested by the World Gold Council that India should establish its own gold exchange. The reason given for this drastic suggestion is that the country could then have its own domestic pricing structure. It is believed that this would greatly lower the possibility of aid standardization and arbitrage. The World Gold Council also said that, \u201cFixing the price of gold through an Indian Gold Exchange would address pricing issues and an exchange would also improve transparency and assess gold supply and demand\u201d. The suggestion came as part a report released by the World Gold Council on Tuesday.\u00a0 In order to build such an exchange, several storage vaults would have to be built which would be a large but easily manageable construction project for the country. As things stand, the buying and selling of gold in India happens..","thumbnail_url":"http:\/\/38.media.tumblr.com\/02d9cc150fe7e2660769ad9e68e2542a\/tumblr_inline_ngemzugMOK1s2ebbv.jpg"}