Diamonds better than silver for trading contract

The Chinese Gold & Silver Exchange Society with great fanfare introduced a local silver trading contract last Thursday. But despite the hoopla, the focus remains on gold and another precious commodity - diamonds.

In fact, the local bourse may want to consider diamond trading because it is now a hot item on wedding shopping lists on the mainland.

Despite its name, the 103-year-old exchange has over the past two decades offered only gold contacts and traded almost no silver at all.

via Business feed http://www.scmp.com/business/article/1231736/diamonds-better-silver-trading-contract