Gold futures belong to commodity futures, and commodity futures are a kind of futures contract with physical objects as the subject matter. It is a standardized agreement about buying and selling a certain number of physical goods at the price agreed at the time of signing in the future. Commodity futures trading is a standardized contract trading method for buying and selling specific commodities on futures exchanges. The variety of commodity futures trading is increasing with the development of trading. From the traditional futures of agricultural products such as cereals and livestock products, it has developed into futures trading of various non-ferrous metals, precious metals and energy.