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An illustration of a keyhole shape against a dark background. Through the keyhole there is a golden sky with purple clouds.

China’s 'futures' forward vision

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Gold as a financial asset

In 2008, China established its first gold futures contract in Shanghai in response to domestic demand for gold, and to help its producers hedge risks from daily gold price fluctuations. The contract is traded on the Shanghai Futures Exchange.

Read more about China's futures market and the futures contract mentioned in this story.