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Futures market survey: 50 pct bullish about Shanghai gold on Thu.
[November 21, 2012]

Futures market survey: 50 pct bullish about Shanghai gold on Thu.

BEIJING, Nov 21, 2012 (Xinhua via COMTEX) -- About 50 percent futures experts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are bullish about the gold futures traded on the Shanghai Futures Exchange (SHFE) on Thursday, while 25 percent expect range-bound trading and the rest 25 percent are negative about the commodity.

The benchmark gold contract, for June delivery, opened 1.46 yuan higher at 353.14 yuan/g on Thursday morning.

Futures experts here include futures brokers, research institutions and other market observers.


The futures brokers that are bullish about Shanghai Gold include HNA Futures and Anxin Futures.

The futures brokers that expect range-bound trading of Shanghai Gold include Dadi Futures.

The futures brokers that are bearish about Shanghai Gold include Galaxy Futures. (Edited by Wang Li, wangle1@xinhua.org)

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