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TMCNet:  Futures market survey: 60 pct bullish about Shanghai gold on Wed.

[January 08, 2013]

Futures market survey: 60 pct bullish about Shanghai gold on Wed.

BEIJING, Jan 08, 2013 (Xinhua via COMTEX) -- About 60 percent futures expe rts surveyed by the China Finance Corporation, a financial information provider run by Xinhua News Agency, are bullish about gold futures tr aded on the Shanghai Futures Exchange (SHFE) on Wednesday, while 40 pe rcent are bearish about the commodity.
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The benchmark gold contract, for June delivery, opened 1.90 yua n higher at 338.53 yuan/g on Wednesday.

Futures experts here include futures brokers, research in stitutions and other market observers.

The futures brokers that are bullish about Shanghai gold include Hongyuan Futures, Sinosteel Futures and Galaxy Futures.

The futures brokers that are bearish about Shanghai gold include Dahua Futures and HNA Futures. (Edited by Hu Pingchao, hupingchao@xin hua.org)

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