4 thoughts on “The largest gold exchange internationally?”

  1. Hello ~
    The well -known gold market in the world is mainly concentrated in London, Zurich, New York and Hong Kong.
    London gold market
    The largest gold market in the world. In 1804, London replaced the Dutch Amsterdam into the center of the world's gold transactions. The Golden Market of London was formally established in 1919, and two gold pricing in the morning and afternoon every day. The price of the gold market on the day of the five gold banks has always affected the transactions in New York and Hong Kong. Market gold suppliers are mainly South Africa. Prior to 1982, the London gold market mainly operated gold spot transactions. In April 1982, the London Futures Gold Market opened
    The international gold market developed after World War II after World War II. Due to the special banking system and auxiliary gold trading service system of Switzerland, it provides a free and confidential environment for gold trading. In addition, Switzerland and South Africa also have preferential agreements. It also gathered here, making Switzerland not only the largest transit station in the world, but also the world's largest private gold storage center. Zurich's gold market is second only to London in the international gold market.
    It American Gold Market
    The gold market in New York and Chicago developed in the mid -1970s. The main reason was that after 1977, the US dollar depreciated. Americans (mainly legal groups) Establishing and investment value -added profit has made gold futures develop rapidly. At present, the New York Commodity Exchange and the Chicago Commodity Exchange are the world's largest gold futures trading center. The two major exchanges have a great influence on the gold price of the gold spot market.
    This Gold Market
    This in Hong Kong's gold market has a history of more than 90 years. Its formation is marked by the establishment of the Hong Kong Gold and Silver Trade Square. In 1974, the Hong Kong government withdrew the control of gold import and export. Since then, Hong Kong's gold market has developed extremely fast. As the time difference between the Hong Kong gold market just fills the vacancy of the New York, the Chicago market and the opening of the market in London, it can coherently Asia, Europe, and the United States to form a complete world gold market. Its superior geographical conditions have attracted the attention of European gold merchants. The five major gold merchants in London and the three major banks in Switzerland have come to Hong Kong to set up branches. They brought the gold sale and sale in London to Hong Kong, and gradually formed an invisible local "London Gold Market", prompting Hong Kong to become one of the world's main gold markets.

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  2. There are seven gold trading centers in the world. They are:
    1, Zurich: Switzerland Zurich has become one of the world's gold trading centers in the 1930s due to its strong support of its banking industry. Since the 1960s, Zurich has become the world's second largest gold trading market. The joint efforts of the three major banks in Switzerland have led to the central position of Zurich's gold trading.
    2, London: The golden market in London, England is the oldest gold trading market in the world, has a history of nearly 300 years. Before 1968, it ranked in a monopoly in the acquisition of gold in South Africa and gold reserves. But in 1968, the Golden Market of London temporarily stopped the market and gave the Zurich market a chance. As a result, the Golden Market in London ended its monopoly era.
    3, New York: The New York Commodity Exchange is the world's largest gold futures trading market. Since the gold non -monetization of gold on December 31, 1974, the city has occupied an important position in the world's gold transactions. Buying solid gold in the United States is often provided by small gold dealers, so futures transactions through telephones have become the main body of trading.
    4, Tokyo: Japan is a poor gold country, and its gold is almost all dependent on imports. Since 1973, Japanese gold dealers have allowed directly imported gold. By 1980, the Japanese gold market all lifted the ban and thus developed rapidly. Japan's gold futures market has an important role. Tokyo's gold transaction volume is equivalent to two -thirds of New York.
    5, Singapore: Singapore's solid gold market was established in 1869. After 1973, Singapore became a free gold trading market. In 1992, Singapore's gold imports accounted for 20%of global gold transactions, and it also established the country's important position in solid gold transactions.
    6, Hong Kong: Hong Kong's highly developed jewelry manufacturing industry is destined to be the important position of the world's gold market. The daily transaction volume of Hong Kong's "Gold and Silver Trade Stadium" is 150,000 to 200,000, but the regulatory supervision of Hong Kong's local platform is relatively weak.
    7, Sydney and Melbourne: Sydney and Melbourne, as a gold trading center, are based on the advantages of Australian gold.
    8, Paris market: The Paris market consists of two parts: tangible market and intangible market. Its tangible market mainly refers to foreign exchange transactions conducted in the Paris Exchange. The transaction method is the same as the securities market. The official foreign exchange brand price is announced every day. However, a large number of foreign exchange transactions are performed outside the exchange. Foreign exchange transactions performed outside the exchange, or the trading parties directly conduct a call to buy and sell through the phone, or through the agent.

  3. London Gold Exchange; U.S. Exchange; Zurichi Exchange; Tokyo Exchange; Hong Kong Exchange. London Gold Market, the world's largest gold market. Zurich's gold market, Swiss gold trading market, is second only to London in the international gold market. In the U.S. Gold Market, New York and Chicago Gold Trading Markets, New York Commodity Exchange (COMEX) and Chicago Commodity Exchange (IMM) are currently the world's largest gold futures trading center, which has a great influence on the gold price of the gold spot market. In the Hong Kong Gold Market, the London Gold Exchange Gold Fixed Display, London's golden fixed price is unique. Unlike other gold markets, it only provides a single offer for market traders to buy or sell gold. The standard price it provides is widely used in manufacturers, consumers and central banks as intermediate prices.
    The see thank you

  4. The largest gold exchange in the world is: Zurich. Due to the strong support of its banking industry in Zurich, it has become one of the world's gold trading centers in the 1930s. Since the 1960s, Zurich has become the world's second largest gold trading market. The joint efforts of the three major banks in Switzerland have led to the central position of Zurich's gold trading.
    At present, several other international gold transactions are owned by all internationally:
    The golden market in London, the United Kingdom, is the oldest gold trading market in the world, with a history of nearly 300 years. Before 1968, it ranked in a monopoly in the acquisition of gold in South Africa and gold reserves. But in 1968, the Golden Market of London temporarily stopped the market and gave the Zurich market a chance. As a result, the Golden Market in London ended its monopoly era.

    The New York Commodity Exchange is the world's largest gold futures trading market. Since the gold non -monetization of gold on December 31, 1974, the city has occupied an important position in the world's gold transactions. Buying solid gold in the United States is often provided by small gold dealers, so futures transactions through telephones have become the main body of trading.

    This Japan is a poor gold country, and its gold is almost all dependent on imports. Since 1973, Japanese gold dealers have allowed directly imported gold. By 1980, the Japanese gold market all lifted the ban and thus developed rapidly. Japan's gold futures market has an important role. Tokyo's gold transaction volume is equivalent to two -thirds of New York.

    It Singapore's real gold market was established in 1869. After 1973, Singapore became the free gold trading market. In 1992, Singapore's gold imports accounted for 20%of global gold transactions, and it also established the country's important position in solid gold transactions.

    The highly developed jewelry manufacturing industry in Hong Kong is doomed to the important position of the world's gold market. The daily transaction volume of Hong Kong's "Gold and Silver Trade Stadium" is 150,000 to 200,000, but the regulatory supervision of Hong Kong's local platform is relatively weak.

    The Sydney and Melbourne: Sydney and Melbourne, as the Gold Trading Center, are based on the advantages of Australia's gold -made gold country.
    The Paris market: The Paris market consists of two parts: tangible market and intangible market. Its tangible market mainly refers to foreign exchange transactions conducted in the Paris Exchange. The transaction method is the same as the securities market. The official foreign exchange brand price is announced every day. However, a large number of foreign exchange transactions are performed outside the exchange. Foreign exchange transactions performed outside the exchange, or the trading parties directly conduct a call to buy and sell through the phone, or through the agent.

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