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Gold Futures

Trade Thai gold price movements with MTS Capital through Gold Futures, referencing 96.5% gold bullion and quoted in Thai baht per one baht-weight of gold. Choose a 10 or 50 baht-weight contract to match your intended exposure. Price movements reflect both global gold prices and the Thai baht exchange rate.

Read more: Margins

Product highlights

  • Use price quotations familiar to Thailand’s gold market.

  • Choose between 10 and 50 baht-weight contract sizes.

  • Take long or short positions or hedge existing gold price exposure.

  • Cash settlement and a night session ending at 03:00 the following day.

Gold Futures Characteristics

Underlying Asset

Buyers and Sellers have authority in setting price.

Trading Price

1 Contract is equal to 50 and 10 Baht per Thai Gold Baht.

Delivery Date

February April June August October and December. The investors can trade in contracts that have delivery date in nearest 6 months only.

Delivery Method

Cash settlement method with no need of physical delivery.

Comparison between Gold Futures and Physical Gold

Heading

10 Baht Gold Futures

50 Baht Gold Futures

Underlying Asset

Gold Bullion with a purity of 96.5%

Ticker Symbol

GF10

GF

Contract Size

10 Thai Gold Baht
(1 Thai Gold Baht = 15.244 grams)

50 Thai Gold Baht
(1 Thai Gold Baht = 15.244 grams)

Contract Months

Nearest 3 of Feb, Apr, Jun, Aug, Oct, Dec

Price Quotation

THB per one baht weight of gold

Minimum Price Fluctuations

THB 10 (or THB 100 per contract)

THB 10 (or THB 500 per contract)

Price Limit

±10% of latest settlement; after a limit halt, expands to ±20%

Trading hours Thailand time

09:45–16:55 / 18:50–03:00 next day
Pre-open 09:15–09:45 / 18:45–18:50

Position Limit

As specified in TFEX notices

Last Trading Day

Business day before the last business day of the expiry month; ends 16:30; LBMA holidays follow TFEX notices

Final Settlement Price

London Gold AM Fixing (IBA) × (15.244/31.1035) × (0.965/0.995) × THB/USD จาก Refinitiv (THBTRDF=BKTH)

Settlement Type

Cash settlement

Exchange Fee

Maximum of THB 7 per contract per side

Maximum of THB 35 per contract per side

Brokerage Commission

Negotiable; client rates follow MTS Capital terms