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SHANGHAI GOLD EXCHANGE TRIALS PLATINUM TRADING.
SHANGHAI, Aug 1 Asia Pulse - Trial trading of platinum was carried out successfully at the Shanghai Gold Exchange on July 30, with the closing price of platinum slightly higher than the international market.
Platinum is the third commodity traded at the Shanghai Gold Exchange.
According to Gu Wenshuo, General Manager for general affairs department of the exchange, the platinum traded had a purity of 99.95 per cent at a starting price of 189.9 yuan (about US$22.88) per gram.
Twenty-seven members of the exchange participated in the transactions during which 170 kg of platinum was sold. Total ...
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Source: HighBeam Research, SHANGHAI GOLD EXCHANGE TRIALS PLATINUM TRADING.