Shanghai gold exchange to allow physical gold as collateral 

China's Shanghai Gold Exchange said it will allow physical gold to be used as collateral on futures contracts from Sept 29, according to a statement posted on its website on Thursday. 

ST PHOTO: KEVIN LIM

SEP 10, 20154:44 PM

[BEIJING] China's Shanghai Gold Exchange said it will allow physical gold to be used as collateral on futures contracts from Sept 29, according to a statement posted on its website on Thursday.

Physical gold will be permitted to be used for up to 80 per cent of margin value, according to the statement.

REUTERS