Gold futures closed higher Friday in daytime trading on the Shanghai Futures Exchange. (Photo: Sipa)

SHANGHAI -- Gold futures closed higher Friday in daytime trading on the Shanghai Futures Exchange.

The most active gold contract for December 2020 delivery was up 4.1 yuan (about 59 cents) to close at 449.72 yuan a gram.

The total trading volume for eight listed gold futures contracts on the exchange was 366,222 lots, with a turnover of about 165 billion yuan.

China launched gold futures in January 2008.