All Members,
Shanghai Gold Exchange (SGE) has determined the transaction fee rates for relevant products in 2026 as follows:

1.From January 1, 2026, to December 31, 2026, the transaction fee rates for Au(T+D) and mAu(T+D) will be 0.015%, and for Ag(T+D) will be 0.012%. The transaction fee rates for Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be 0.01%. The short-term opening transaction fee rates for Au(T+D) and mAu(T+D) will be 0.0125%, and for Ag(T+D) will be 0.0075%. The transaction fees for short-term closing transactions of Au(T+D), mAu(T+D), Ag(T+D), Au(T+N1), Au(T+N2), NYAuTN06, and NYAuTN12 will be exempted.

2.From January 1, 2026, to December 31, 2026, the transaction fee rates for main board physical gold contracts, including Au99.99, Au99.95, Au100g, and Au99.5, will be 0.03%. Transaction fees for Ag99.99 contracts will be exempted.

3.From January 1, 2026, to December 31, 2026, transaction fees for Shanghai Gold and Shanghai Silver benchmark price contracts, Panda Gold Coin contracts and performance-guarantee price asking contracts will be exempted.

4.From January 1, 2026, to December 31, 2026, the transaction fee rate for main board price asking contracts via SGE platform and interbank gold price asking swaps with far-leg range from TOM (inclusive) to SPOT (inclusive) will be 0.0001%. Main board non-financial institutions trading PAu99.99 and PAu99.95 on SGE price-asking platform will be charged the following rates:

 Spot transactions: 0.02%.
 Forward transactions:
  1D (inclusive) to 1M (exclusive): 0.02%.
  1M (inclusive) and above: 0.0075%.
 Swap transactions with far-leg range:
  TOM (inclusive) to SPOT (inclusive): 0.0001%.
  1D (inclusive) to 2W (exclusive): 0.001%.
  2W (inclusive) to 3W (exclusive): 0.0025%.
  3W (inclusive) to 2M (exclusive): 0.005%.
  2M (inclusive) to 3M (exclusive): 0.015%.
  3M (inclusive) and above: 0.02%.

5.From January 1, 2026, to December 31, 2026, the transaction fee rate for international board price matching contracts iAu99.99, iAu99.5, iAu100g  will be 0.005%. For international board price asking contractsiPAu99.99, iPAu99.5, iPAu100g, the transaction fee for spot and forward contracts with physical delivery will be 0.01%. For international board price asking contracts iPAu99.99 swaps with physical delivery and far-leg range from TOM (inclusive) to SPOT (inclusive), the transaction fee will be 0.0001%.

6.From January 1, 2026, to December 31, 2026, for international members participating in international board price asking contracts iPAu99.99, iPAu99.5, iPAu100g swap with physical delivery, preferential transaction fee rates will be implemented based on far-leg maturity date range in SGE system. The details are as follow: 0.0002% for TOM (inclusive) to SPOT (inclusive) (excluding iPAu99.99), 0.001% for 1D (inclusive) to 2W (exclusive), 0.0025% for 2W (inclusive) to 3W (exclusive), 0.005% for 3W (inclusive) to 2M (exclusive), and the transaction fee rate remains unchanged at 0.01% for 2M (inclusive) and above.