Standard gold futures contract of Shanghai Futures Exchange

Trading variety

golden

Trading unit

1000g/hand

Quotation unit

Yuan (RMB)/gram

Minimum variable price

0.0 1 yuan/gram

Maximum daily price fluctuation limit

Not more than 5% of the settlement price of the previous trading day.

Contract delivery month

1-65438+ February

trading hour

9: 00 am-165438+0: 30 am

65438+ 0: 30-3: 00 pm

last trading day

Contract delivery month 15 (postponed in case of legal holidays)

delivery date

Five consecutive working days after the last trading day.

Delivery grade

Domestic gold ingots with a gold content of not less than 99.95% and standard gold ingots produced by qualified suppliers or refineries recognized by the London Gold and Silver Market Association (LBMA) recognized by the Exchange (see Annex for specific quality regulations).

place of delivery

Delivery vault designated by the exchange

Minimum trading margin

7% of the contract value

transaction cost

Not more than two ten thousandths of the transaction amount (including risk reserve)

Mode of delivery

Actual delivery

Event code

dust

Listed exchange

Shanghai Futures Exchange

The above is the futures contract of gold. Today's gold futures main contract 09 12. The price is 214.32 *1000 = 214320. The minimum deposit is 7%, 214320 * 7% =15002.4 yuan, but in fact,

More than 20,000 yuan