What are the trading time rules of gold futures?
Gold trading is different all over the world. The trading hours of gold T+0 in Shanghai Gold Exchange are 9: 00 am-1:30 am, 3: 30 pm-15: 30 pm and 2 1:00-2:30 pm. The international gold market opened at 6:00 on Monday and traded 24 hours a day, except on weekends and trading days at 5. 15-6.00.
Although gold futures are divided into two types: external trading and internal trading, both of them adopt long-short two-way trading mechanism and are T+0 trading, that is, they can be sold on the day of buying. According to the trading rules of new york gold futures, gold futures are 100 ounce (3 1 gram is 1 ounce, and 100 ounce is about 3 100 gram), and the minimum trading unit is 1 ounce, that is, 0.0.
It is worth noting that the above price is the first-hand gold price without leverage. If calculated according to the leverage of international gold hundreds of times, primary gold also needs tens of thousands of yuan. Therefore, while operating gold futures, we also need to pay attention to controlling risks and preventing big losses.