Shanghai Gold Warrants Hit Record 86,565 Kilograms

Holdings on the Shanghai Futures Exchange have surged sharply, representing a significant rise in physical gold-backed certificates.

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Terms & Concepts
  • Gold Warrant: A digital certificate issued by an exchange, representing ownership of physical gold stored in an approved warehouse.
  • Shanghai Futures Exchange: A major Chinese commodities exchange offering futures contracts and related derivatives on metals, energy, and agricultural products.
  • Physical Gold: Actual gold bullion or bars held in secure storage, as opposed to paper or derivative contracts.