Shanghai gold futures close higher

SHANGHAI - Gold futures closed higher Thursday in daytime trading on the Shanghai Futures Exchange.

The most active gold contract for December 2020 delivery was up 3.04 yuan (43 US cents) to close at 404.94 yuan a gram.

The total trading volume for seven listed gold futures contracts on the exchange was 195,743 lots, with a turnover of about 79.3 billion yuan.

China launched gold futures in January 2008.