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Does gold td belong to futures or spot
Gold td is the abbreviation of gold t+d, commonly known as domestic gold. It is a standardized contract made by Shanghai Gold Exchange, which promises to deliver a certain amount of subject matter at a specific time and place in the future. The regionality of trading is limited to the domestic market, and the volume and activity are far less than those in the international market. Its characteristics are: installment trading, traders can choose the same day delivery or indefinite delay delivery, which belongs to a type of futures.