What is HKGX

History

The Hong Kong Gold Exchange (“HKGX") is the only physical gold and silver exchange in Hong Kong. HKGX is operates on a membership system and currently consists of 137 exchange members. It currently provides venues, facilities and services for exchange participants to conduct precious metals trading activities.

HKGX officially commence operations on 1st January 2025, succeeding the Chinese Gold & Silver Exchange Society as Hong Kong’s physical trading venue for gold and silver. The Chinese Gold & Silver Exchange Society has completed its over 115 years historical mission. HKGX will continue to serve the industry under the motto "Inheriting a Century of Heritage, Expanding Golden Opportunities. "

Mission

  • To develop business related to gold, silver and precious metals
  • To explore new products related to gold, silver and precious metals
  • To maintain and to strengthen the relationship and cooperation with international gold markets
  • To help its members in business development, and to safeguard the rights and interests of its members and practitioners
  • To foster knowledge and professional standards of its members and practitioners, to benefit the public

Function

  • To provide a trading place, facilities and related services to its members for gold, silver and precious metals transactions;
  • To set up and implement rules and regulations, and to normalize the transactions;
  • To supervise transaction process, settlements and delivery arrangement;
  • To design trading contracts and regulations, and to monitor the fulfillment and completion of the contract;
  • To set up and implement the risk management system as to control the risk in the market;
  • To set the settlement price, to announce and disseminate market information;
  • To supervise all transactions, to examine and execute punishment if any members' act violates CGSE rules and regulations;
  • Other functions stipulated by its members and the Executive and Supervisory Committees.