Shanghai gold futures close higher

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

The most active gold contract for December 2020 delivery jumped up 12.38 yuan ($1.77) to close at 444.06 yuan a gram.

The total trading volume for eight listed gold futures contracts on the exchange was 431,476 lots, with a turnover of about 189.46 billion yuan.

China launched gold futures in January 2008.