About 75 percent futures experts
surveyed by the China Finance Corporation, a financial information
provider run by Xinhua News Agency, are bearish about gold futures
traded on the Shanghai Futures Exchange (SHFE) on Monday, while 25
percent expect range-bound trading of the commodity.
The benchmark gold contract, for June delivery, opened 0.75
yuan higher at 335.34 yuan/g on Monday morning.
Futures experts here include futures brokers, research
institutions and other market observers.
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, Yide Futures and China Futures. (Edited by
Wang Li, wangle1@xinhua.org).
Source; http://www.individual.com/storyrss.php?story=156558801&hash=24b62038f0a162ebd5d2bedf7526181c
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