Global Gold Trading Hubs
Gold exchanges facilitate the trading of physical gold, futures, options, and other derivatives across the world. These markets serve as critical price discovery mechanisms and liquidity centers for the global gold trade.
Below is a comprehensive directory of active gold exchanges as of May 2025, including regional breakdowns and key product offerings.
Active Exchanges
17
Regions Covered
4
Product Types
4
Live Gold Prices (XAUSGD)
Exchange Directory
COMEX (CME Group)
The world’s leading gold futures and options exchange based in the USA.
London OTC (LBMA)
The largest global center for physical gold trading with price benchmarks.
Dubai Gold & Commodities Exchange
Major futures and spot gold contracts for the Middle East and Asia.
Shanghai Gold Exchange (SGE)
The world’s largest physical gold exchange, offering spot and deferred contracts.
Tokyo Commodity Exchange
Japan’s leading gold futures market with significant regional influence.
Regional Breakdown
North America
The United States dominates gold derivatives trading through the CME Group’s COMEX exchange, which sets global benchmarks for gold futures and options.
Europe & Middle East
London remains the global center for physical gold trading through the LBMA’s OTC market, while Dubai has emerged as a key hub connecting Middle Eastern and Asian markets.
Asia
Asia has seen explosive growth in gold trading, led by China’s Shanghai exchanges. The region now hosts the world’s largest physical gold market and several active futures exchanges across multiple countries.
Important Note on LME
LME Gold and LME Silver contracts were discontinued and ceased trading as of July 11, 2022, due to persistently low trading activity. The LME is no longer a venue for gold or silver futures or spot trading.
Complete Exchange Data
| Exchange / Market | Region | Main Product Type | Status (as of May 2025) |
|---|---|---|---|
| COMEX (CME Group) | USA | Futures, Options | Active |
| London OTC (LBMA) | UK | Physical (OTC) | Active |
| Dubai Gold & Commodities Exchange (DGCX) | UAE | Futures, Spot | Active |
| Borsa Istanbul / Istanbul Gold Exchange | Turkey | Physical, Futures | Active |
| Shanghai Gold Exchange (SGE) | China | Physical, Spot | Active |
| Shanghai Futures Exchange (SHFE) | China | Futures | Active |
| Tokyo Commodity Exchange (TOCOM) | Japan | Futures | Active |
| Multi Commodity Exchange (MCX) | India | Futures | Active |
| London Metal Exchange (LME) | UK | Gold, Silver | Ceased July 2022 |