Summary. The Shanghai International Gold Exchange (SGEI) is located in the Shanghai Free Trade Zone (SFTZ) to spur international gold trading in renminbi.
WhatsApp: +86 18221755073Gold on the Shanghai Gold Exchange had earlier edged up 0.1% in price overnight to ¥512 per gram, just ¥2 below the all-time high recorded at last Thursday's benchmark for China's wholesale market. Previously averaging around $8 per ounce, that put the Shanghai premium – effectively the incentive offered to importers buying gold …
WhatsApp: +86 18221755073Summary. Following the plunge seen in early August, the Shanghai Gold Benchmark Price PM (SHAUPM) (RMB) and the LBMA Gold Price AM (USD) rebounded as investor expectations for the Federal Reserve to taper bond purchases change 1; Driven by a rebound in China's wholesale physical gold demand, the local gold price spread …
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WhatsApp: +86 18221755073The Shanghai International Gold Exchange (SGEI), located in Shanghai's Free Trade Zone, is the international trading division of the eponymous Shanghai Gold Exchange (SGE). Three gold contracts are listed on the SGEI, the most popular of which is the iAu99.99 contract.
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