According to the regulations of Shanghai Futures Exchange, the price of gold futures is 1 1,000 grams, which is about 33,000 grams according to the current gold price. The minimum fluctuation price is 0.05 yuan/gram, and the maximum fluctuation limit of daily price does not exceed 5% of the settlement price of the previous trading day. The contract month is 4% of the contract amount in the last three consecutive months, and the bimonthly contract in the last 13 months.
1. What does gold futures mean?
Gold futures are also called "gold futures contracts". Futures contracts with gold as the trading object. Like general futures contracts, gold futures contracts also include trading unit, quality grade, term, final maturity date, quotation method, delivery method, minimum price change range, daily price change limit and so on. According to the different units of measurement, gold futures contracts can generally be divided into two specifications. Take the Chicago Grain Exchange as an example. One is gold futures with a weight of 1 1,000g and a purity of 99. 5%, and the other is gold futures with a weight of 65,438+0,000 Moz and a purity of 99. 5%.
Second, the definition
Gold futures are futures, just as stock investment needs to open an account in a securities company, so gold futures trading also needs to open an account in a futures company.
1. First of all, gold futures trading adopts a long-short two-way trading mechanism.
2. Secondly, gold futures trading conforms to the national standard GB/T4 134-2003, and the gold ingot with a gold content of not less than 99.95%. In 2008, the Shanghai Stock Exchange stipulated that gold futures should be per lot1000g.
3. Thirdly, unlike T+ 1 trading in stock investment, gold futures are T+0 trading, that is, they can be sold on the day of purchase. No investment or financial management is guaranteed. Like stocks, gold trading has risks. So it is very important to learn basic knowledge.
3. What is the currency symbol of gold?
Currency symbol, you must first know which currency pair to fry. What if both currency pairs are in English? These are some currency symbols. The most basic thing to speculate in gold is to know the gold symbol and its exchange rate. Earn profits according to the increase or decrease of exchange rate ratio.