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The standard contracts for gold trading in Shanghai Gold Exchange are 50g and 1000g of gold in Shanghai Futures Exchange. What's the difference and connection?
This difference lies in the difference of units (minimum transaction units);
50g gold trading in Shanghai Gold Exchange means buying at least 50G or an integer multiple of 50G at a time;
The gold in Shanghai Futures Exchange is1000g, which means that every transaction is an integer multiple of1000g, but at least1000g.