On the international gold future
data processing, the calculated daily growth rate of Comex gold future
prices (following Comex) forms the analytical sample, and the time range of the two sets of data starts from January 1, 2010, to December 31, 2012.
The benchmark gold future
price soared to an all-time high of 4,568 yen per gram in trading on the Tokyo Commodity Exchange on Friday, topping 4,500 yen for the first time, reflecting increased uncertainties over the global economic outlook, the exchange said.
This week DGCX also obtained a license from the Shanghai Gold Exchange (SGE) to list Shanghai Gold Futures
, the first yuan-denominated gold future
product to be offered outside of China using the Shanghai Gold Benchmark Price as its pricing mechanism.
The existing Gold Future
is a kilo contract in size.
US gold futures
settled down 0.1% at $1,426.70 per ounce.
Global Banking News-June 25, 2019-CME Group, Shanghai Gold Exchange to launch new gold futures
M2 EQUITYBITES-June 25, 2019-CME Group, Shanghai Gold Exchange to launch new gold futures
BANKING AND CREDIT NEWS-June 25, 2019-CME Group, Shanghai Gold Exchange to launch new gold futures
There is a strong desire to own gold in the UAE, but at present it is difficult for smaller investors to buy Gold Futures
given the large size of the contracts.
for December delivery were 0.2 percent lower at $1,273.80 an ounce.
Dubai Gold and Commodities Exchange (DGCX), the region's largest and most diversified derivatives bourse, witnessed a surge in Gold and currencies trading in June, which can, in part be attributed to the recent listing of additional 'Calendar spreads' on the Exchange's Gold Futures
and G6 Currency contracts.