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    Shanghai gold futures close lower

    Xinhua | Updated: 2020-08-12 17:17
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    Gold futures closed lower Wednesday in daytime trading on the Shanghai Futures Exchange. [Photo/Sipa]

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

    The most active gold contract for December 2020 delivery was down 26.64 yuan (about $3.83) to close at 417.16 yuan a gram.

    The total trading volume for eight listed gold futures contracts on the exchange was 304,215 lots, with a turnover of about 128.4 billion yuan.

    China launched gold futures in January 2008.

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