Off the wire
• Urgent: U.S. announces further amendments to Cuba sanctions  • (Sports Focus) China wins four-nation soccer tournament to gain confidence for Rio 2016  • Spotlight: Media, experts share confidence in China's efforts to defend currency  • 1st Ld-Writethru: New int'l arbitration court set up in E China  • 1st Ld-Writethru: Xi urges sound planning for supply-side structural reform  • Hong Kong needs to align development plan with national strategies: central gov't representative  • Premier solicits opinions on gov't work report, 13th Five-Year Plan  • New online platform to facilitate China-CEEC agricultural cooperation  • EU allocates 11.5 mln euros for survey programs of plant pests  • Result of WCBA League  
You are here: 　 Home

China maintains biggest market for spot gold trading

Xinhua, January 26, 2016 Adjust font size:

The spot gold trading market in China has topped the world for the ninth-straight year with trading volume exceeding 10 trillion yuan (1.5 trillion U.S. dollars) in 2015, the Shanghai Gold Exchange said on Tuesday.

The exchange said its trading volume surged 68 percent in 2015 from that registered a year earlier.

Shanghai Gold Exchange chair Jiao Jinpu said the exchange would develop derivative products and become a center for global pricing.

Shanghai Gold Exchange is the world's biggest venue for spot gold trading with more than 10,000 institutional investors. Endi