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TMCNet:  Futures market survey: 80 pct bullish about Shanghai gold on Wed.

[November 27, 2012]

Futures market survey: 80 pct bullish about Shanghai gold on Wed.

BEIJING, Nov 27, 2012 (Xinhua via COMTEX) -- About 80 percent futures exp erts surveyed by the China Finance Corporation, a financial informatio n provider run by Xinhua News Agency, are bullish about gold futures t raded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 20 p ercent are bearish about the commodity.


The benchmark gold contract, for June delivery, opened 0.52 per cent lower at 355.01 yuan/g on Wednesday.

Futures experts here include futures brokers, research in stitutions and other market observers.

The futures brokers that are bullish about Shanghai gold include Founder Futures, Anxin Futures and ITG Futures.

The futures brokers that are bearish about Shanghai gold include Galaxy Futures.(Edited by Hu Pingchao, hupingchao@xinhua.org)

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