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Precious Metals

Gold Singapore Futures

Gold Singapore Futures

Trade gold in the bar size preferred by Asia’s leading precious metals market. Abaxx’s Gold Singapore Futures reflect the regional standard for kilobar delivery and provide a reliable tool for hedging, pricing, and physical delivery into Singapore, one of the world’s leading gold trading hubs.

Abaxx’s Gold Singapore Futures contract is a US dollar-denominated, 32 troy ounces, physically-deliverable product, with delivery into approved vaults in Singapore.

 

Rule Chapter    2000
Contract    Gold Singapore Futures
Product ID/Commodity Code GKS
Contract Unit 1 kilobar (32 troy ounces)
Delivery Unit 1 kilobar (32.148 fine troy ounces)
Trading Hours
(All Singapore Time)
Monday through Friday
Pre-open session: 0930 hrs to 1000 hrs
Normal Market Session: 1000 hrs to 2400 hrs
Minimum Price Movement USD 0.01 per troy ounce
Listed Contracts Monthly contracts listed for 6 months at launch
Settlement Method Physical Delivery
Termination of Trading/Last Trading Day Two (2) Business Days prior to Delivery Date
Delivery Dates Third Wednesday of the month that is a Business Day and is not preceded by a Business Day that is a US bank holiday, else it will be the next Business Day that is not preceded by a Business Day that is a US bank holiday
Reportable Level 25 Contracts
Spot Month Delivery Margin or Spot Charge Yes
Position Limits (Spot Month) 500 Lots
Position Accountability Levels (any / all month) 2500 Lots
Price Limits Fixed at launch
Block Trade Minimum 5 Lots
Final Settlement Price

Price determined by the Exchange on the Last Trading Day

The Final Settlement Price is the basis for delivery

Settlement Price Period    Daily Settlement Price 1325-1330 hrs LDN
Final Settlement Price 1325-1330 hrs LDN

List of Approved Vaults for Abaxx Gold Singapore Futures :   See Abaxx Circular 2025-C019

pdf

Singapore Gold Futures Contract Summary PDF

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