What are the legitimate precious metal trading platforms in China?

       This year, non precious metals have attracted the most attention and attention in the international investment market. As the risk aversion sentiment heats up, precious metals have once again become the darling of the market. When the global economy and market conditions are poor, as the market demand for safe haven assets increases, precious metal prices typically soar. Nowadays, the global stock market performance is weak, and the economic situation is fundamentally unrelated to positivity. Precious metals are naturally once again popular. In addition, as the UK's Brexit referendum approaches, the rise in risk aversion in the market has further boosted itgoldThe demand for silver and other items. However, many novice investors should be confused. What are the legitimate precious metal trading platforms in China? Let's take a look together.

　　1Shanghai Gold Exchange

The Shanghai Gold Exchange (hereinafter referred to as the "Gold Exchange") is the only national market in China that specializes in gold trading, approved by the State Council and established by the People's Bank of China2002year10Officially operational in June.

Establishment14Over the years, the Gold Exchange has always adhered to the industrial development principle of serving the real economy and financial markets, striving to provide investors with diversified investment channels and rich products. It has gradually developed into the core and hub of China's gold market, as well as an important global trading market for precious metals such as gold and silver. since2007Since the beginning of this year, the Financial Exchange has been continuously9Ranked first in the global spot trading volume of gold on the exchange this year. Currently, there are members worldwide250More than, domestic institutional customers110000 households, individual investors900More than ten thousand people.

In the future, the Shanghai Gold Exchange will take building an international first-class comprehensive gold exchange as its overall goal, steadfastly implementing a development strategy of "marketization and internationalization", reflecting the demand of the RMB gold market as "Shanghai Gold" and the inclusive financial strategy as "People's Gold" brand.

　　2Shanghaifuturesexchange

The Shanghai Futures Exchange is a legal entity that, under the centralized and unified supervision and management of the China Securities Regulatory Commission, organizes futures trading in accordance with the law and regulations, and implements self-discipline management. Its fundamental purpose is to promote the development of the socialist market economy. The Shanghai Futures Exchange is currently listed for trading gold, silver, copper, aluminum, zinc, lead, threaded steel, wire rod, fuel oil, natural rubber, petroleum asphalt, hot rolled coil, nickel, tin, etc14Seed futures contracts. Shanghai Shangqi Business Services Co., Ltd., Shanghai Futures Information Technology Co., Ltd., Shanghai Futures and Derivatives Research Institute Co., Ltd., and Shanghai International Energy Trading Center Co., Ltd. are subsidiaries of the Shanghai Futures Exchange. Existing members of Shanghai Futures Exchange190Multiple (including nearly all members of futures companies)75%）Opening remote transaction terminals across the country1400Multiple.

The continuous trading of gold, silver, and non-ferrous metals has been launched, promoting timely linkage between domestic and international prices of related varieties, enhancing the price influence of China's futures market, and providing convenience for investors to conduct real-time risk management.

　　3Hong Kong Gold and Silver Trade Fair

The Hong Kong Gold and Silver Trade Fair was established1910At that time, it was called"Gold and silver industry"It was not officially named until after World War I"Gold and Silver Trading Ground"And registration and filing. It is a trading venue for precious metals such as gold and silver in Hong Kong.

The Hong Kong Gold and Silver Trade Fair implements a membership system, and currently171Family members (such as trading venues)AAclass84Bank Clerk Jin Rong China  www.jrjr.hk/?340）Managed by the board of supervisors, existing supervisors21Bit. The trading ground aims to provide trading facilities and related services for traders to engage in trading activities of precious metals such as gold and silver. It is currently the only gold exchange in Hong Kong that engages in physical gold trading. There are currently 99 gold and kilogram bar contracts traded in public bidding, as well as London gold traded in electronic form/Silver contract and provide "transaction coding" service. In order to cooperate with the implementation of the "Practitioner Registration System", the Trade Fair has collaborated with the Hong Kong Securities Professional Association to launch the "Gold and Silver Market" certificate course, assisting current practitioners in enhancing their professional knowledge and ethics in the precious metal market. The Hong Kong Gold and Silver Trading Ground and the London Gold Exchange are both managed with the assistance of the Hong Kong Monetary Authority.

The above is an introduction to legitimate precious metal trading platforms in China, allowing investors to invest with confidence. If you have any other questions, you can directly consult the editor. Please indicate the source when reprinting!