Gold futures trading is the same as that of general commodities and financial instruments. The buyer and the seller first sign a contract for buying and selling gold futures, pay the deposit, agree on the standard quantity, agreed price and maturity date of buying and selling gold, and then make the actual delivery on the agreed delivery date. So, how is gold futures delivered?

The delivery date of gold futures is five consecutive working days after the last trading date of the contract. These five working days are called the first, second, third, fourth and fifth delivery days respectively. Need to be reminded that natural person customers cannot make physical delivery of gold.

A gold futures contract refers to a standardized contract made by a futures exchange to deliver a certain quantity and quality of physical or financial commodities at a specific time and place in the future. Futures contracts specify a standardized and unified delivery warehouse for the physical delivery of futures transactions to ensure the normal delivery of physical objects.