Shanghai gold futures close higher

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

The most active gold contract for December 2020 delivery was up 11.32 yuan ($1.63) to close at 433.94 yuan a gram.

The total trading volume for eight listed gold futures contracts on the exchange was 405,783 lots, with a turnover of about 175.03 billion yuan.

China launched gold futures in January 2008.