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Shanghai gold futures close higher

Xinhua | Updated: 2020-08-05 16:14
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A customer tries a golden bracelet at a jewelry store in Suzhou, Jiangsu province. [Photo by Wang Jiankang/For China Daily]

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

The most active gold contract for December 2020 delivery jumped up 12.38 yuan ($1.77) to close at 444.06 yuan a gram.

The total trading volume for eight listed gold futures contracts on the exchange was 431,476 lots, with a turnover of about 189.46 billion yuan.

China launched gold futures in January 2008.

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