NEW GOLD CONTRACTS

Shanghai Gold futures.

Access two financially settled Shanghai Gold futures contracts denominated in US dollar or Chinese renminbi.

Shanghai Gold futures are based on the regional gold benchmark price from the Shanghai Gold Exchange (SGE).

Product Code Contract Last Change Chart Open High Low Globex Vol

COMEX’s Shanghai Gold futures explained

Presents choices in selecting the USD or CNH denomination that best meets your needs

Provides access to arbitrage with 100 oz. COMEX Gold Futures


Captures margin offset benefits between COMEX 100 oz. Gold Futures (GC) and other CME Group products

Uses the Shanghai Gold Benchmark PM price (15:00 China Standard Time) for final settlement

Contract Specifications

Contract Title

Shanghai Gold (USD) Futures

Shanghai Gold (CNH) Futures

Commodity Code

SGU | View all specs

SGC | View all specs

Reference Price

Shanghai Gold Exchange (SGE) Gold Benchmark PM price

Shanghai Gold Exchange (SGE) Gold Benchmark PM price

Listing Schedule

Monthly contracts listed for three consecutive months and all February, April, June, August, October, and December contracts within a 12-month period

Monthly contracts listed for three consecutive months and all February, April, June, August, October, and December contracts within a 12-month period

Venue

CME Globex; CME ClearPort

CME Globex; CME ClearPort

Contract Size

32.15 troy ounces

1,000 grams

Price Quotation

U.S. dollars and cents (USD) per troy ounce

Offshore Chinese Renminbi (CNH) per gram

Minimum Trading Price Fluctuation

$0.10 per troy ounce

0.05 CNH per gram

Settlement Method

Financial

Financial

Bloomberg Ticker (Outright Futures)

SHEA Comdty SHIA Comdty

Bloomberg Ticker (Spreads)

SHESHE Comdty SHISHI Comdty

About the contract

China is one of the largest producers and importers of gold, creating an important role for Shanghai as a physical trading hub for the Asian gold market. The Shanghai Gold Price is the renminbi Gold benchmark, generated by spot auctions held at SGE.

As this regional benchmark starts to attract more interest from investors around the world, the new Shanghai benchmark-based futures contracts serve a unique need in the markets, available via CME Group’s COMEX exchange.

Meet COMEX’s Shanghai Gold Futures

Get to know COMEX’s Shanghai Gold Futures and how they will enhance the gold futures market.

More about Shanghai Gold futures

Press release June 20

View the press release to announcement our new partnership to the media

SER

View the special executive report.

Press release September 11

View the press release, announcing the first trade date for SGE futures.

SGE benchmark price page

View the current price of Shanghai gold

SGE FAQ - English

Get answers to frequently asked questions about this product in English.

SGE factcard - English

Get an overview of SGE futures at CME Group, including trading details.

SGE FAQ - Chinese

Get answers to frequently asked questions about this product in Chinese.

SGE factcard - Chinese

Get an overview of SGE futures, in Chinese, including trading details.

SGE T+N contracts

View data for the new Shanghai Gold Exchange T+N contracts.

EBS CNH rate

Get accurate and transparent benchmarking with the EBS CNH rate.

Subscribe for Updates

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Shanghai Gold Futures - Further Reading

How much does New year buying drive the Chinese gold price?

Given China’s role in the global gold market, how does New Year buying influence pricing and how can market participants manage this risk?

View Article

Managing Currency Exposure for Shanghai Gold Futures

This article looks at how you can manage your currency exposure for COMEX Shanghai Gold futures by using USD/CNH contracts at CME.

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The Global Footprint of the Chinese Gold Market

In our first article, learn more about China’s physical gold market and its expanding footprint in the global market.

View Article

Trading the Spread Between SGE Gold and COMEX

See how the SGE Gold price compares to COMEX and how you can use Exchange for Physical (EFP) transactions to hedge exposure. 

View Article

Discover Gold for the individual trader

View tools, insights and education developed specifically for Gold futures and active individual traders interested in trading them.