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Futures market survey: 60 pct expect range-trading of Shanghai gold on Wed.
BEIJING, Feb 05, 2013 (Xinhua via COMTEX) --
About 60 percent futures experts surveyed
by the China Finance Corporation, a financial information provider
run by Xinhua News Agency, expect range-trading of gold futures
traded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 40
percent are bullish about the commodity.
The benchmark gold contract, for June delivery, opened 0.11 pct
lower at 340.90 yuan/g on Wednesday.
Futures experts here include futures brokers, research
institutions and other market observers.
The futures brokers that are bullish about Shanghai gold include
Galaxy Futures and Honghai Futures.
The futures brokers that expect range-bound trading of Shanghai
gold include ITG Futures, Yide Futures and Zhonggang Futures.
(Edited by Liu Xiaoyun, liuxy08@xinhua.org)
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