Gold Physical Transaction - Contract Specifications

Gold Physical Transaction of
100 gram Bars Settled by Delivery
at Designated Warehouse
Physical Transaction of
1 kilogram Bars Settled by
Delivery of Warehouse Receipt
Type of Trade Spot Transaction Spot Transaction
Object of Trade Gold of minimum 99.99% fineness Gold of minimum 99.99% fineness
Price Increment JPY 1 per gram JPY 1 per gram
Contract Unit 100 grams 1 kilogram
Method of Trade Execution Over the Counter Transaction.
A trade is executed upon notification that a buyer and a seller have reached agreement in an independent negotiation utilizing “TOCOM Window”, a bulletin board for registered users.
Over the Counter Transaction.
A trade is executed upon notification that a buyer and a seller have reached agreement in an independent negotiation utilizing “TOCOM Window”, a bulletin board for registered users.
Notification Period 10:00-14:30 JST 10:00-14:30 JST
Delivery day and Time Until noon of the two business days after the trade is executed.  Until noon of the two business days after the trade is executed.
Good Delivery
  • 100 gram bars hallmarked with a trade name, among other marks, designated by the Exchange. (TOCOM Good Delivery Bars).
1 kilogram bars hallmarked with a trade name, among other marks, designated by the Exchange. (TOCOM Good Delivery Bars).
The Sumitomo Warehouse Co., Ltd., Tokyo Branch
Sumitomo Twin Building Trunk Room Sales Office : 2-27-1, Shinkawa, Chuo-ku, Tokyo
Oi Sales Office : 4- 5-18, Tokai, Ota-ku, Tokyo
Specified warehouses (warehouses located in Tokyo)
Delivery Points
Method of Delivery Delivery by ownership transfer as a result of bailor change at the designated warehouse. The Party Making Delivery submits to the Exchange a warehouse receipt, issued by a TOCOM-designated warehouse, for the delivery good. The Party Taking Delivery submits to the Exchange the Delivery Value based on the delivery price.
TOP