The longest delivery date of gold futures is one year. Because the delivery date of delivery futures is generally one month, three months and one year, futures are based on a one-year cycle.

Gold futures refer to futures contracts with the gold price in the international gold market as the transaction target at a certain time in the future. The profit and loss of investors buying and selling gold futures is measured by the difference between the time of entry and exit, which is the physical delivery after the contract expires.