GFEX Platinum Futures
Settlement prices and trading data from the Guangzhou Futures Exchange
About GFEX Platinum
GFEX platinum futures (PT) represent physical platinum deliverable to exchange-approved vaults. China is a major consumer of platinum for automotive catalytic converters, jewelry, and industrial applications. GFEX provides the primary venue for platinum price discovery in the Chinese market.
Frequently Asked Questions
- What are GFEX platinum futures?
- GFEX platinum futures are contracts traded on the Guangzhou Futures Exchange with 1,000 grams per lot, priced in CNY per gram. They launched in November 2025 and trade during Beijing market hours (9:00-15:00).
- How does GFEX platinum compare to COMEX?
- GFEX platinum futures are denominated in Chinese yuan per gram, while COMEX platinum is in USD per troy ounce. GFEX contracts are 1,000g (32.15 oz) vs COMEX at 50 troy oz. GFEX reflects Chinese domestic demand.