Little Movement on Day One of Golf ETF in Yuan

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.

Click here to read the full Bloomberg report.