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    Shanghai gold futures close lower

    Xinhua | Updated: 2020-08-24 16:08
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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 lower Monday in daytime trading on the Shanghai Futures Exchange.

    The most active gold contract for December 2020 delivery was down 2.32 yuan ($34 cents) to close at 415.54 yuan a gram.

    The total trading volume for eight listed gold futures contracts on the exchange was 369,587 lots, with a turnover of about 153.6 billion yuan.

    China launched gold futures in January 2008.

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