Amsterdam in the Netherlands was a global gold trading center in the early days, but it was replaced by London in the early19th century. 19 19 after the London gold market was formally established, there has always been a tradition in the London gold market to fix the price of gold twice every morning and afternoon. The price is determined by several major gold trading banks, which has a great influence on the global gold price. London spot gold trading has no actual trading place, and its trading is completed through the networking of major gold merchants. The active London gold futures trading has gradually become a trend after 1982.

Zurich gold market is cleared and settled by three Swiss banks, namely UBS Group AG, Credit Suisse and UBS Group AG. Switzerland's special banking system and auxiliary gold trading service system provide a free and confidential environment for gold trading. Zurich gold market is second only to London in the international spot gold market, and there is no fixed gold price system.

The gold markets in new york and Chicago were formed after the Nixon administration announced the abolition of the acceptance system (that is, the US central bank exchanged $35 1 ounce). In terms of futures, COMEX in new york and IMM in Chicago are the current gold trading centers in the world. Usually, the world gold market, including the United States, is dominated by futures.

The gold market in Hong Kong has a history of nearly a hundred years. The time difference of Hong Kong gold market just fills the gap between the closing of new york and Chicago markets and the opening of London, thus forming a complete world gold market with the latter in trading time. Hong Kong's superior geographical conditions have attracted the attention of European gold merchants, and five major gold merchants in London and three major banks in Switzerland have set up branches here. At present, there are three gold markets in Hong Kong: first, the local "two Jin" market, with "two Jin" as the unit, with more Chinese participation; Second, the "London gold trading in Hong Kong" market is an overseas investor market, that is, "trading in Hong Kong and delivery in London", and there is no fixed trading place, mainly to fill the time difference gap; The third is the gold futures market.

Other markets, such as Mumbai, Tokyo and Singapore, are not as influential as the above four markets. The general international market has no special preference for gold, and "Sanjiu Gold" is the main trading variety. Investors in the Asia-Pacific market like "pure gold" because of folk customs and traditions, so they often have "49 gold" transactions, such as Shanghai, Tokyo and Singapore.