Contract Size

1 kilogram/lot

Price Quotation

(RMB) Yuan /gram

Minimum Price Fluctuation

0.05 Yuan/gram

Daily Price Limit

Within 3% above or below the settlement price of the previous trading day

Contract Series

Monthly contract of the recent 3 consecutive months and consecutive even months contracts within the recent 11 months

Trading Hours

9:00 a.m. to 11:30 a.m., 1:30 p.m. to 3:00 p.m. (the Beijing Time) and other trading hours as prescribed by the SHFE

Last Trading Day

The 15th day of the spot month (If it is a public holiday, the Last Trading Day shall be the 1st  business day after the holiday)

Delivery Period

The 5 consecutive business days after the last trading day

Grade and Quality Specifications

Domestic product: gold bullion with a fineness of no lower than 99.95%
Foreign product: Standard bullions of the suppliers and refiners of the gold list of LBMA good delivery that are certified by the SHFE for physical delivery.

(More details on quality specifications to be found in the Appendix)

Delivery Venue

SHFE Certified Delivery Warehouse

Minimum Trade Margin

4% of contract value

Settlement Type

Physical Delivery

Contract Symbol

AU