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Shanghai gold futures close higher

Xinhua | Updated: 2020-08-18 16:42
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Gold jewelry on display at a shop in Lianyungang, Jiangsu province. [Photo by Wang Chun/For China Daily]

SHANGHAI - Gold futures closed higher Tuesday in daytime trading on the Shanghai Futures Exchange.

The most active gold contract for December 2020 delivery was up 11.32 yuan ($1.63) to close at 433.94 yuan a gram.

The total trading volume for eight listed gold futures contracts on the exchange was 405,783 lots, with a turnover of about 175.03 billion yuan.

China launched gold futures in January 2008.

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