Gold, like gold investment, is generally divided into paper gold, physical gold, domestic gold futures and international spot gold.
Among them, paper gold can be traded all day, that is, 24 hours.
Physical gold can only be traded for six and a half hours a day, starting at 9 am and ending at 15: 30 pm.
As for domestic gold futures, it will generally be divided into three time periods: early, middle and late. They are from 9: 00 am to 1 1: 30, from 13: 30 pm to 15: 30 pm and from 2/kloc-0 pm to 2: 30 am the next day, so the trading time is 10 hour.
The international spot gold can be traded in a round-the-clock cycle, just because electronic transactions involve system settlement, holidays and so on. So in fact, every normal trading day has a continuous trading time of about 22 hours.
Gold (English: Gold) is a chemical element with chemical symbol Au (from Latin: Aurum) and atomic number 79. Pure gold is a kind of metal with bright luster, reddish yellow, soft texture, high density and ductility. It is a rarer, more precious and more valuable metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication, aerospace industry and other departments.
history
/kloc-before the 0/9th century, the level of gold productivity in human society was very low. Some people think that in the thousands of years before19th century, the total amount of gold produced by human beings was less than 10000 tons, for example, it was only 200 tons in18th century.
Due to the discovery of a series of gold resources in the19th century, the gold output has greatly increased since then, especially in the 50 years in the second half of the19th century, which exceeded the sum of the previous 5,000 years. In 20 13 years, the global total gold output is about 2770 tons.
According to the analysis report of China Gold Industry Market Prospect and Investment Strategic Planning, from April 20 13 to the middle of 20 15, the international gold price has been in a downturn after a sharp drop.
Judging from the global economic situation, the world economic growth rate may pick up slightly in 20 15, but the overall recovery is weak. The volatility of international financial markets and commodity markets has intensified, and non-economic factors such as geopolitics have a greater impact, and there are still many uncertain factors. With the strengthening of the US dollar, the prices of commodities such as gold, non-ferrous metals and oil are all running at a low level at 20 15, and the low price of gold may become the "new normal" in the next few years.
Chinese market
There are ten futures contracts listed and traded in Shanghai Futures Exchange, including gold, silver, copper, aluminum, zinc, lead, rebar, wire rod, fuel oil and natural rubber.
The goal is to become the main futures market in the Asia-Pacific time zone, which is dominated by commodities such as basic metals, precious metals, energy, chemicals, etc., and give full play to the functions of the futures market to find prices and avoid risks, so as to serve the development of the national economy. Trading time: 9: 00 a.m.-165438+0: 30 p.m. and13: 30 p.m.-15: 00 p.m. On the occasion of 3 15, China Gold announced the latest inquiry method for quality supervision of gold products. Consumers can check the authenticity by scanning the QR code and querying the database of relevant national institutions.