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SGX gives faltering gold contract a boost

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Published Mon, Dec 7, 2015 · 09:50 PM

    Singapore

    THE Singapore Exchange (SGX) is looking to boost liquidity of its faltering gold contract by extending trading hours and allowing jewellers and refiners to participate, an official said on Monday.

    The bourse launched a 25-kg wholesale gold contract in October 2014 with the aim to create a regional benchmark, but the contract has failed to attract volumes, with November recording zero activity.

    SGX

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