2021.02.16 CGSE Lunar Open Market Ceremony

Haywood Cheung, president of the Chinese Gold and Silver Exchange, during the gold exchange’s opening ceremony to mark the Year of the Ox on Tuesday.

The auction trading at the opening ceremony by CGSE Vice Presidents Mr. Wilson Cheng & Mrs. Tse Moon Chuen is witnessed by president Dr. Haywood Cheung. The Ox year first trade at 373.00 yuan per gram for RMB Kilobar Gold Contract and HK$16,800 per tael for 99 Gold Contract.

The closing price of 99 gold on the first trading day of the Ox Year was reported at HK $ 16,830, down HK $220 from the previous trading day.

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