As the only gold exchange in China, Shanghai Gold Exchange exceeded 900 tons in 2005, and the transaction amount exceeded 654.38+000 billion yuan for the first time. However, compared with London Gold Market, the largest gold market in the world, the trading volume of Shanghai Gold Exchange is less than 1%. Shanghai Gold Exchange is an on-site transaction, mainly dealing in physical gold.
China has become the fourth largest gold producer and the third largest gold consumer in the world, but the per capita annual gold consumption in China is only about 0.26 grams, far below the world average of 0.7 grams, which reflects the great potential of China's gold investment market. The future of China's gold market lies in vigorously developing gold derivatives, connecting with international standards and becoming a major international gold market.