Generally speaking, Hong Kong gold refers to the Hong Kong gold market, and its formation is marked by the establishment of the China Gold and Silver Exchange. Since the Hong Kong government lifted the import and export control of gold, the gold market in Hong Kong has developed rapidly. Of course, thanks to Hong Kong's superior geographical location, the time difference of its gold market just fills the gap between the closing of new york and Chicago and the opening of London, which can connect Asia, Europe and the United States to form a complete world gold market. Therefore, Hong Kong attracted European gold merchants to set up branches in Hong Kong, and brought gold trading activities settled in London here, thus gradually forming an invisible local London gold market, making Hong Kong one of the major gold markets in the world.
Today, Hong Kong's gold market has a long history, which is mainly composed of Hong Kong's gold and silver trading market, London's gold market and gold futures market, and has a perfect and mature market supervision system.