Subscribe to our newsletter at http://www.goldmoney.com/goldresearch. Richard Poulden, Director of Power Capital Financial Trading (PCFT), and James Turk, Director of the GoldMoney Foundation, talk about the new Pan Asia Gold Exchange (PAGE) and its potential to change the gold market with its allocated gold contracts.

They talk about PAGE's plan to start trading in standardised 10 troy ounce gold bar contracts. Poulden expects local contracts to start trading in Q4 2011 and international contracts to follow in Q1 2012.

He also talks about the other gold exchanges being set up across China, as part of the government's strategy to encourage gold ownership.

This interview was recorded on August 5 2011 in London.