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The relationship between T+D and gold price and spot gold price. Why is TD's K-line chart different from spot gold?
Hello, the T+D price of Shanghai gold is calculated in RMB/gram, while the spot gold is basically calculated in USD/ounce. For example, the current spot gold price is 1659.50 USD/calculated at the current exchange rate of 1 oz =3 1. 1035 g, which is exactly the current T+D price of 339.50 yuan/g after exchange rate conversion. Of course, there are also fluctuating prices around 10000 in China. These prices are all converted in RMB/ounce, so if their prices are uniform and practical,

In addition, the price fluctuation of spot gold is 24 hours (except weekends), and TD is time-limited and there will be a suspension period. At this time, the price trend of spot gold is still causing the opening price of TD to gap, so the whole trend will look different.

The trend of gold futures is generally a little more than that of spot.