The price is determined by the buyer and the seller. The hope price of buying up goes up, and the hope price of selling down goes down. Only when the price goes up and down can gold and RMB futures serve well and the handling fee is reasonable.

Futures contract is a standardized contract designed by the exchange and approved by the national regulatory agency. The holders of futures contracts can fulfill or cancel their contractual obligations through the settlement of spot or hedging transactions.

Futures contracts are the objects of futures trading. It is by buying and selling futures contracts on the futures exchange that participants in futures trading transfer price risk and gain risk income. Futures contracts are developed on the basis of spot contracts and spot forward contracts, but their most essential difference lies in the standardization of futures contract terms. Futures contracts traded in the futures market are standardized in the quantity, quality grade, delivery grade, premium standard of substitutes, delivery place and delivery month, which makes futures contracts universal. In the futures contract, only the futures price is the only variable, which is generated by public bidding in the transaction.