share
 

China's benchmark interbank gold prices higher Thursday

0 Comment(s)Print E-mail Xinhua, November 28, 2024
Adjust font size:

BEIJING, Nov. 28 (Xinhua) -- China's benchmark prices for spot interbank gold transactions were higher on Thursday, according to the China Foreign Exchange Trade System.

The benchmark price for gold that is 99.95 percent pure or above stood at 610 yuan (about 84.85 U.S. dollars) per gram, 3.45 yuan higher than the previous trading day, while the price for gold that is 99.99 percent pure or above went up 6.8 yuan from the previous trading day to 613.8 yuan.

Spot transaction prices on the interbank price inquiry market are allowed to rise or fall within 15 percent from the benchmark prices each trading day.

The interbank gold price inquiry business was introduced in 2012 to enhance market liquidity and enrich trading models. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter