Gold futures are also called "gold futures contracts". Futures contracts with gold as the trading object. Like general futures contracts, gold futures contracts also include trading unit, quality grade, term, final maturity date, quotation method, delivery method, minimum price change range, daily price change limit and so on. According to the different units of measurement, gold futures contracts can generally be divided into two specifications. Take the Chicago Grain Exchange as an example. One is gold futures with a weight of 1 1,000g and a purity of 99.5%, and the other is gold futures with a weight of 1 1,000 moz and a purity of 99.5%.
Gold futures are futures, just as stock investment needs to open an account in a securities company, so gold futures trading also needs to open an account in a futures company.
First of all, gold futures trading adopts a long-short two-way trading mechanism.
Secondly, gold futures trading meets the national standard GB/T4 134-2003, and the gold content is not less than 99.95%. In 2008, the Shanghai Stock Exchange stipulated that gold futures should be per lot1000g.
Thirdly, unlike T+ 1 trading in stock investment, gold futures are T+0 trading, that is, they can be sold on the day of purchase. No investment or financial management is guaranteed. Like stocks, gold trading has risks. So it is very important to learn basic knowledge.
Currency symbol, you must first know which currency pair to fry. What if both currency pairs are in English? These are some currency symbols. The most basic thing to speculate in gold is to know the gold symbol and its exchange rate. Earn profits according to the increase or decrease of exchange rate ratio.
201212 On February 6, domestic gold futures surged and plummeted after listing, and closed down across the board on the day of listing; Spot gold and spot silver also operated weakly and closed down across the board.
June delivery contract 20 12, the most active gold futures transaction in Shanghai Futures Exchange, opened sharply lower in early trading, reporting 344.35 yuan per gram. After the opening, it rose slightly to the highest point of the day of 344.9 yuan per gram, and then fluctuated. Late trading fell to the lowest point of the day, 342.9 1 yuan per gram, and finally closed at 343.6 yuan per gram, down 1.85 yuan from the settlement price of the previous trading day, with a decrease of 0.54%.
The remaining inactive contracts closed down across the board. The relatively active February delivery contract 20 12 12 closed at 337.8 1 yuan per gram, down 0.37% from the settlement price of the previous trading day.
The data shows that gold futures trading was more active that day. Up to the close, * * * 9 lots, * * 54,686 lots, clinched a deal 1, 88.80438+0 billion yuan.