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What is gold TD?
"Gold td refers to Shanghai gold, which is a mode of gold trading, that is, gold deferred trading. Deferred trading of gold refers to installment trading. Traders can choose to deliver on the same day or postpone delivery indefinitely. " Gold T+D contract includes: contract name, trading unit, quotation unit, minimum fluctuation price, maximum fluctuation limit of daily price, trading time, delivery date, delivery grade, delivery place, minimum trading margin, transaction cost, delivery method and trading code. The annexes to the gold T+D contract have the same legal effect as the gold T+D contract. T+d is a standardized contract made by Shanghai Gold Exchange, which stipulates to deliver a certain number of subject matter at a specific time and place in the future.

The content of this article comes from People's Republic of China (PRC) Financial Code: Application Edition by China Law Publishing House.