Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
New Energy
Price CenterDatabaseProReportsEventsCar Insight
SMM Daily Review - 2011/9/20 Shanghai Gold Markets
Sep 20, 2011 16:36 Most active SHFE 1112 gold contract closed at RMB 368.8/gr, down RMB 8.15/gr or 2.16%, SGE Au9999 spot gold closed at RMB 370.5/gr, down RMB 6.04/gr or 1.6%.
SHANGHAI, Sept. 20 (SMM) -- Most active SHFE 1112 gold contract opened RMB 8.71/gr lower on September 20th and closed at RMB 368.8/gr, down RMB 8.15/gr or 2.16% from previous trading day. Highest and lowest prices during the day were RMB 369.5/gr and RMB 366.16/gr. Shanghai Gold Exchange (SGE) Au9999 spot gold closed at RMB 370.5/gr, down RMB 6.04/gr or 1.6% from previous trading day.
Due to excessive speculation activities, gold demand failed to increase despite a downgrade of Italian debt rating by Standard & Poor’s, with global gold prices closing lower overnight. Shanghai gold prices opened much lower today, and fluctuated downward with losses slightly narrowing at the tail of trading. SMM expects gold to maintain downward fluctuation in the short term as investors are closely watching the two-day interest rate meeting of US Fed.
gold price
SHFE
SGE
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.
For queries, please contact Lemon Zhao at lemonzhao@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn
Related news
Data: SHFE, DCE market movement (Apr 11)
The following table shows the movements of ferrous and nonferrous metals on the SHFE and DCE on Wednesday April 11. 2018.
Apr 11, 2018 15:11
Data: SHFE, DCE market movement (Apr 10)
The following table shows the movements of ferrous and nonferrous metals on the SHFE and DCE on Tuesday April 9, 2018.
Apr 10, 2018 17:31Data: SHFE, DCE market movement (Mar 30)
The following table shows the movements of ferrous and nonferrous metals on the SHFE and DCE on Friday March 30, 2018.
Mar 30, 2018 15:08Limited upward room seen in LME nickel prices
As the LME inventory is likely to rebound, we see limited upward room for prices of LME nickel even as the US dollar weakens.
Mar 22, 2018 16:37
Data: SHFE, DCE market movement (Jan 8)
The following table shows the ferrous and base metals movement on the SHFE and DCE on Monday January 8, 2018.
Jan 8, 2018 15:37
SMM Events & Webinars
All- Sep15
NET ZERO CHINA Field Trip
Sep 15 - 19,2025中国
- Sep26
2025 ASIA BATTERY MATERIAL COOPERATION SALON
Sep 26 - 26,2025Time：9.26 2025 Place：Seoul， South KoreaSeoul， South Korea
- Oct14
SMM LME Metals Seminar 2025
Oct 14 - 14,2025Emmanuel Centre，London , the United Kingdom
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.
