HKEX USD Gold Futures

USD-denominated physical gold futures on Asia's leading international exchange.

HKEX Gold Futures (Product Code: GDU) is a USD-denominated, physically-settled gold futures contract listed on Hong Kong Exchanges and Clearing (HKEX). Each contract represents 1 kilogram of gold of not less than 0.9999 fineness, offering investors a direct, exchange-cleared way to gain exposure to international gold prices from within the Asian time zone.

With trading spanning a day session and an extended after-hours session that runs into the early morning, HKEX Gold Futures allows traders to respond to price-moving news from both Asian and Western markets. The contract is cleared by HKCC (HKEX's clearing house), providing counterparty risk management backed by a well-established Hong Kong market infrastructure.

Key Benefits

• Extended Trading Hours
  • Day session from 8:30 a.m. to 4:30 p.m. and an after-hours session from 5:15 p.m. to 3:00 a.m. the next morning (Hong Kong Time), covering both Asian and global market moves.
     
• USD-Denominated Contract
  • Quoted and settled in U.S. dollars, aligning directly with the global gold benchmark and simplifying cost comparison against other USD gold products.
     
• Transparent Price Discovery
  • Final settlement price is based on the volume-weighted average price of trades during the last 30 minutes of trading on the Last Trading Day.
     
• Physical Delivery
  • Settled through delivery of 1 kilogram gold bars of not less than 0.9999 fineness at an Approved Depository.
     
• Robust Clearing Framework
  • Cleared by HKCC, part of Hong Kong Exchanges and Clearing Limited's established clearing infrastructure.
     
• Flexible Contract Cycle
  • Spot month plus the next eleven calendar months are listed, giving traders a full year of contract months to manage exposure and roll positions.
     

Contract Specifications

Source: HKEX

This advertisement has not been reviewed by the Monetary Authority of Singapore.
 

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