Gold futures is a hedging tool for gold commercial producers and users, and also provides global price discovery, diversification of investment risks and other functions.

The three major domestic futures exchanges are: Shanghai Futures Exchange, Zhengzhou Commodity Exchange and Dalian Commodity Exchange.

Gold is a simple form of chemical element "gold", which is a soft, golden yellow and corrosion-resistant precious metal. Gold in the world is generally measured in ounces. Gold is not only an important material in jewelry industry, electronics industry, modern communication, aerospace industry and other departments, but also a special currency for reserve and investment. Gold is one of the rare precious metals and has certain value stability. As a saving metal between countries, gold can effectively avoid the risks brought by inflation and share the investment risks among investors from all countries.