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China’s first exchange-traded gold future’s option was listed on 20th December 2019 on the Shanghai Futures Exchange (SHFE). While gold options already existed in China, these were traded over-the-counter (OTC) on the OTC market platform at the Shanghai Gold Exchange (SGE) and linked to physical gold products.
Gold: Despite the inflows into ETFs we discussed yesterday, #gold declined during US trading on Wednesday, settling around $1310/oz.
It's remained under light pressure today and is currently just above$1308/oz.
(Short thread) https://t.co/DKSDL47wQ8
Against the backdrop of turbulent markets, geopolitical risk and Fed rates hikes, gold closed 2018 on a strong note, outperforming most global asset classes. World Gold Council’s Joe Cavatoni and John Reade discuss 2018 trends and explore key dynamics likely to influence gold performance in 2019.
