I asked the author of that article to please clarify the dates as I felt it was worded poorly.
RE: “…..CME, owner of the largest futures exchange, said in September that trading may begin in the fourth quarter of 2014. …..The Shanghai Gold Exchange started bullion trading in the city’s free-trade zone on Sept. 18 while Singapore Exchange Ltd. began a wholesale kilobar contract on Oct. 13 …..”
I just received his reply to my email.
“the contract was delayed and started trading today. hope this helps. best regards”
With all the PM positive news, maybe it is just a coincidence that PMs get smacked on CME’s first day of trading…. But I doubt it