The gold T+D delay fee is the fee generated when the declaration of long and short delivery is unbalanced after the Shanghai Gold Exchange closes. Simply put, customers who delay delivery compensate customers who can't deliver.

There are two kinds of gold T+D deferred handling fees: daily payment and regular payment. Gold TD and silver TD deferred fees are paid daily, and gold (T+N 1) and gold (T+N2) deferred fees are paid regularly.

Daily deferred fee = settlement price of the day * position * deferred rate * natural days.

Note that daily receipts and payments are charged according to natural days, and the extension fee charged for settlement on Friday is three times as high as usual, because Friday, Saturday and Sunday are three natural days, and the extension rate is two ten thousandths.

Regular income and expenditure are made in gold (T+N 1) and gold (T+N2). The gold delay fee (T+N 1) is charged on the last trading day of a single month, and the gold delay fee (T+N2) is charged on the last trading day of a bimonthly. The deferred rate for the payment day is 1%, and the deferred rate for other non-payment days is 0.