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SGX gives faltering gold contract a boost

SGX will extend trading for its gold contract from three hours to 61/2 hours, and remove the need for gold delivery agents.


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...