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IPMI and Industry News: Industry News

New Shanghai Gold Futures Contracts Coming

Wednesday, September 11, 2019  
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CME Group to Launch New Shanghai Gold Futures Contracts In October

Acknowledging China’s growing influence in the world gold market, the world’s leading futures and derivatives exchange is increasing its footprint in the nation and launching two new gold futures products next month. Subject to regulatory approval, the CME Group said that they plan to launch Oct. 14 two physical gold futures contracts; one will be denominated in U.S. dollars and the other will be denominated in the renminbi. - Kitco 09/11/2019

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