The move gained momentum after gold markets in China failed to respond as expected after the Spring Festival, analysts said.
BEIJING(BullionStreet): As yet another step towards globalizing it's gold market, China is about to introduce a night trade market.
According to Shanghai Futures Exchange,an additional 9 p.m. to 2:30 a.m local time trading time to be added to the trading.
Currently the gold and silver trading time is Monday to Friday, 9 a.m. to 11:30 a.m. and 1:30 p.m. to 3 p.m.
Gold and silver prices are closely related to movements in the international market with the prices of spot gold and silver set during the night, Beijing time. ...