According to the nature of business, Hong Kong financial market can be divided into Hong Kong short-term capital market, Hong Kong long-term capital market, Hong Kong foreign exchange market and Hong Kong gold market. 19 10 gold and silver exchange has been established for more than 70 years. 1974 after the deregulation of gold import and export, a large number of international gold merchants entered the market and developed rapidly, forming four major gold markets in the world with London gold market, Zurich gold market and New York gold market. The gold market in Hong Kong can be divided into three parts: ① Traditional gold and silver exchanges. (2) London's gold market. ③ Gold futures market.