Gold futures launch in Shanghai


The Shanghai Futures Exchange launched trading in gold futures on January 9. The contract size was set at 1,000 grammes (1 kilo) rather than 300 grammes, as earlier announced, to attract institutional and professional traders and discourage speculative trading by individuals.

The eight contracts - the six-month contract and the succeeding seven monthly contracts, June, July, August, September, October, November and December 2008 - all began trading at a price of 209.99 renminbi ($29.20) a gramme.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: