Launch of New Spot Gold Crosses

To bring greater access to spot gold trading, we are launching new Spot Gold Crosses for Mini Gold on POEMS with effect from Tuesday, 24 April 2018. The new contracts launched are Gold in gram in SGD, Gold in gram in USD and Gold in Troy ounce in SGD.

Product name

Gold/SGD – 100g

Gold/USD – 100g

Gold/SGD – 10oz

POEMS Code

GKLSGD

GKLUSD

GLDSGD

Contract Size

1 lot = 100 Gram

1 lot = 100 Gram

1 lot = 10 Troy ounce

Value Per Tick

SGD 1.00

USD 1.00

SGD 0.10

Margin

4%

4%

4%

 

Should you have any query on the new spot gold crosses, you may contact our Client Service Desk at (+65) 6538 0500 or email futures@phillip.com.sg.