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  • 1 kg/lot

    Trading Unit

Quotation Unit yuan/kg
Minimum Price Fluctuation 0.01 Yuan/gram
Daily Price Limit settlement price of the previous trading day ± 6%
Minimum Quotation Size 1 lot
Maximum Quotation Size 200 lots
Trading Hours Day Session: 9:00 -15:30; Night Session: 20:00 -02:30
Settlement method Daily mark-to-market Settlement
Deliverable Bullions 3kg gold ingot-fineness no less than 99.95%*Replacement:1kg gold ingots-fineness no less than 99.99%
Delivery Mode Tendering for Delivery
Time of Delivery The same day as delivery requests are successfully matched
Quality Standards *see delivery standard above
Delivery Location SGE Certified Vault
Transaction Fee 0.02% of the contract value *Note: Margin Ratio:7%
Delivery Fee 0
Listing Date August 16th, 2004

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