Shanghai gold futures close lower

SHANGHAI -- Gold futures closed lower Monday in daytime trading on the Shanghai Futures Exchange.

The most active gold contract for December 2020 delivery was down 2.32 yuan ($34 cents) to close at 415.54 yuan a gram.

The total trading volume for eight listed gold futures contracts on the exchange was 369,587 lots, with a turnover of about 153.6 billion yuan.

China launched gold futures in January 2008.