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Gold is among the earliest metals discovered and harnessed by man. Hailed as the “King of Metals” for its rarity, uniqueness, and value, gold has found wide applications for its chemical stability and outstanding physical properties. It fulfills an equally important monetary role, not least in serving as the dominant reserve asset throughout the world.

Futures Contract

Gold futures was listed on January 9, 2008. The contract size is 1,000 grams/lot. The settlement type is physical delivery and the delivery unit is 3,000 grams (fine weight). Deliverables are domestic gold ingots no less than 999.5 fine and standard gold ingots produced by LBMA-accredited and SHFE-recognized suppliers or refiners.

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Futures Contract
Gold futures was listed on January 9, 2008. The contract size is 1,000 grams/lot. The settlement type is physical delivery and the delivery unit is 3,000 grams (fine weight). Deliverables are domestic gold ingots no less than 999.5 fine and standard gold ingots produced by LBMA-accredited and SHFE-recognized suppliers or refiners.

For detail information of underlying index, please visit the website of Shanghai Shipping Exchange. Web:
https://en.sse.net.cn/indices/introduction_scfis_new.jsp

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