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Gold Trading in Thailand: Compare TFEX Contract Types

💡 Key takeaways

Compare physical gold, gold futures, and Gold-D by contract terms, quote units, and settlement method. Check current specifications before trading.

Gold Products Discussed in the Video

The video starts with gold bars and jewelry, then discusses gold derivatives on TFEX. This article compares official contract specifications reviewed on 17 October 2026 to show what each product references, how it is quoted, and how it settles. Figures and terms may change.

How Physical Gold Differs from a Futures Contract

Buying a gold bar means holding gold under the seller’s terms. A futures trade opens a position in a contract with a multiplier, expiry date, and settlement rules. Under the usual contract terms, TFEX Gold Futures and Gold Online Futures do not deliver physical gold; they are cash-settled. Gold-D is a separate product with physical-delivery terms.

Compare TFEX Gold Contracts

ProductUnderlying asset and quote unitContract size or multiplierSettlement
Gold Futures (GF/GF10)Thai gold bars at 96.5% purity; quoted in baht per one baht-weight of gold50 baht-weight of gold (GF) or 10 baht-weight (GF10); a 10-baht price movement equals 500 or 100 baht per contract, respectivelyCash
Gold Online Futures (GO/MGO)99.5% gold; quoted in US dollars per troy ounceMultiplier of 300 for GO and 30 for MGOCash settlement in baht under the contract details
Gold-D (GD)99.99% gold bars; 100 grams; quoted in US dollars per troy ounceOne contract represents 100 gramsPhysical delivery under the contract. Traders who do not want delivery should review how to close a position and the last trading day.

The table summarizes TFEX contract specifications. Gold-D’s delivery terms differ from GF and GO. Saying only that you are “trading gold” does not explain whether you hold physical gold or what risks apply.

What to Check Before Choosing a Product

  1. Match the contract symbol and expiry month to the contract you intend to trade.
  2. Check the underlying asset, quote unit, multiplier, and minimum price fluctuation value.
  3. Read the cash-settlement or delivery rules, including the last trading day.
  4. Check margin, fees, and current broker terms; do not rely on old figures from a video instead of current notices.

Official Sources

This article explains contract terms; it does not compare returns or recommend a product. The summary is based on a saved transcript that has not been checked against the original audio and video. Use the current TFEX specifications for applicable terms.

Open the original video on YouTube

KGK

Kanngongkanngoen Editorial Team

We create clear educational content about personal finance, investing, and debt management, with an emphasis on accuracy and transparency.