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Bloomberg reported that the first day of trading for a first gold ETF in yuan changed prices very little.
Bloomberg reported that the first day of trading for a first gold ETF in yuan changed prices very little.
As quoted in the market news:
Spot gold in yuan climbed 6.1 percent last year in Shanghai, less than the 10 percent increase in bullion denominated in dollars, as the Chinese currency climbed 4.7 percent.