Shanghai Gold Futures attracted over 10 billion yuan in funds this month.

The price of Shanghai Gold Futures has significantly increased, attracting more than 100 billion yuan in deposited funds as of September 11, with an increase of over 17 billion yuan since September. Wang Yanqing, chief analyst of precious metals at CITIC Securities Futures, said that the recent increase in deposited funds in Shanghai Gold Futures contracts is mainly due to two factors: on one hand, the rise in prices has led to corresponding increases in existing margin positions; on the other hand, the increase in open positions recently has led to an increase in funds. "The increase in deposited funds indicates that there is a growing willingness to participate in Shanghai Gold Futures trading, and changes in the external environment are prompting more funds to focus on this investment product."