The gold exchange adopts the form of membership organization, and its members are composed of financial institutions registered in People's Republic of China (PRC) and approved by the People's Bank of China to engage in gold business, enterprise legal persons engaged in the production, smelting, processing, wholesale, import and export trade of metals such as gold, silver and platinum, and units with good credit standing. At present, there are a total of 108 members, including commercial banks 13, 24 gold producers, 6 gold consumers, 8 smelters and 2 mint units, with members scattered in 26 provinces across the country. Exchange members are divided into financial members, comprehensive members and self-operated members according to their business scope. Among the members, financial category 14, comprehensive category 77 and single category17; According to preliminary statistics, the annual gold output of member units accounts for about 75% of the country; The use of gold accounts for 80% of the country; Smelting capacity accounts for 90% of the country.
With the approval of the State Council, the Shanghai Gold Exchange was established by the People's Bank of China and registered with the State Administration for Industry and Commerce. It is the only state-level market in China that legally deals in gold. It is an enterprise legal person that organizes gold trading in accordance with the principles of openness, fairness, justice and good faith, not for profit, and implements self-discipline management. With the establishment of Shanghai Gold Exchange, China's gold market, money market, securities market and foreign exchange market have formed a complete financial market system in China, providing a spot trading platform for participants in China's gold market, connecting the supply and demand of gold production and consumption enterprises, and completing the smooth transition of gold from unified purchase and distribution to market trading.