Futures market survey: 50 pct expect range trading of Shanghai gold on Mon.
BEIJING, Feb 17, 2013 (Xinhua via COMTEX) --
About 50 percent futures exp
erts surveyed by the China Finance Corporation, a financial informatio
n provider run by Xinhua News Agency, expect range-bound trading of go
ld futures traded on the Shanghai Futures Exchange (SHFE) on Monday, w
hile 25 percent are bullish and the rest 25 percent are bearish about
The benchmark gold contract, for June delivery, opened down 3.1
7 percent at 329.70 yuan/g on Monday.
Futures experts here include futures brokers, research in
stitutions and other market observers.
The futures brokers that are bullish about Shanghai gold include
The futures brokers that expect range-bound trading of Shanghai
gold include Zheshang Futures and Zhaojin Futures.
The futures brokers that are bearish about Shanghai gold include
CITIC Securities Futures. (Edited by Hu Pingchao, firstname.lastname@example.org
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