The contract unit of COMEX gold per standard lot is the same as the international spot gold, which is 100 ounce, indicating that trading COMEX gold with standard lots is buying and selling 100 ounce gold. Different from spot gold, COMEX gold is not traded in the spot, but the trading value of COMEX gold is based on the fluctuation range of gold price generated at two time points of entry and flat warehouse.

The minimum fluctuation price of COMEX gold is 0. 1 USD/oz, which means that 1 is the first place after the decimal point in COMEX gold quotation. Since 1 standard lot = 100 oz, the corresponding profit and loss change of COMEX gold is 0. 1 USD/oz *.

Two. The profit and loss changes of Shanghai gold futures at a fluctuation point.

Shanghai gold futures are quoted based on RMB, and the unit of measurement is gram. The contract unit for each standard hand is1000g. Trading Shanghai gold futures with standard hands means buying and selling gold with a weight of1000g. Shanghai gold futures quotation is closely related to international spot gold, which is reflected on the disk according to the trend of international gold price and the supply and demand factors of domestic gold market.

The lowest fluctuation price of Shanghai gold futures is 0.05 yuan/gram, which means that 1 is the second place after the decimal point in Shanghai gold futures quotation, 1 standard hand =1000g, and the corresponding profit and loss change of Shanghai gold futures is 0.05 yuan/gram *1000g =50 yuan.