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SMM Daily Review - 2011/11/21 Shanghai Gold Markets
Nov 21, 2011 17:37The most active SHFE gold contract 1206 closed at RMB 353.71/gr, up RMB 0.33/gr or 0.09%, Shanghai Gold Exchange Au9999 spot gold closed at RMB 352.87/gr, down RMB 0.46/gr or 0.13%.
SHANGHAI, Nov. 21 (SMM) – The most active SHFE gold contract 1206 opened RMB 0.75/gr lower on November 21st, and closed at RMB 353.71/gr, up RMB 0.33/gr or 0.09% from the previous trading day. Highest and lowest prices during the day were RMB 354.48/gr and RMB 351.9/gr. Shanghai Gold Exchange (SGE) Au9999 spot gold closed at RMB 352.87/gr, down RMB 0.46/gr or 0.13% from the previous trading day.
Traded volumes for both gold futures and spot stayed low as investors were cautious amid increased uncertainties towards the global economy. SMM expects gold prices to continue fluctuating in the short term.
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.
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