Because the delivery of the London Metal Exchange is delivered on a daily basis, unlike the monthly settlement of the Shanghai Futures Exchange. The standard delivery date is generally three months, which is what we usually call the three-month futures price. Based on three months, it can be adjusted to any date according to the price difference between dates. You can trade every working day for three months, and the daily contract corresponds to a forward contract.

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.