GoldUnderlyingFuturesENG
GoldUnderlyingFuturesENG

Gold Underlying Futures ENG

Gold Underlying Futures ENG
Gold Futures
is a futures contract trading with gold price in Thai Baht which still have exchange rate risk. Gold is the oldest precious metal known to man and for thousands of years it has been valued as a global currency, a commodity, an investment and simply an object of beauty. The characteristic of gold price movement that do not correlate with the equity market makes gold futures a very interesting investment option. Holding precious metals such as gold in a portfolio can give apparent benefits in the form of speculative gains, investment gains, hedging against macroeconomic and geopolitical risk and or wealth preservation. Experienced and educated investors have long known that gold and related investments can be strong investment choices. Currently TFEX offers 2 type of gold futures.


50 Baht Gold Futures : Launched on February 2nd, 2009
10 Baht Gold Futures : Launched on August 2nd, 2010

Contract symbol:
image.png


Gold Online Futures
is a futures contract trading with gold price in USD per troy ounce in line with the spot price of gold in the world markets and no exchange rate risk.

Contract symbol:
image.png

Gold-D
is a futures contract trading with gold price in USD per 100 grams which settle by physical delivery upon expiration of the contract.


Contract symbol:

image.pngThe difference between Gold Futures, Gold Online Futures and Gold-D
 
TopicGold FuturesGold Online FuturesGold-D
Underlying AssetGold Bullion with a purity of 96.5%Gold Bullion with a purity of 99.5%Gold Bullion with a purity of 99.99%
Ticker SymbolGF10 = 10 Thai Gold Baht
    GF = 50 Thai Gold Baht
GOGD
Contract Size300 multiplier of the reference price per troy ounce (no exchange rate involve in the calculation)100 grams (3.2148 Troy Ounces)
Tick sizeTHB 10 (or THB 100 per contract and THB 500 per contract)USD 0.10 per troy ounce
(or THB 30/contract)
USD 0.10
Contract MonthsEven month: Feb, Apr, Jun, Aug, Oct and Dec (3 nearest even month)2 nearest quarterly month
(Mar, Jun, Sep, Dec)
1 nearest quarterly month
(Mar, Jun, Sep, Dec)
Trading hoursMorning Session:     09:45 A.M. - 12:30 P.M.
Afternoon Session:  14:15 P.M. - 16:55 P.M.
Night Session:         18:50 P.M. – 03:00 A.M.
HighlightGold price in Thai Baht but still have exchange rate risk
 
Gold price with the trading unit in USD per troy ounce in line with the spot price of gold in the world markets and no exchange rate riskSettle by actual delivery
 



📌 Register TFEX/Block Trade account online via Wealth Connex Click here

☎ Contact for more information with BLS Customer Service Tel. 0-2618-1111 

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