A few points of my ponderations about the perfect open-door policy of gold market;

Analyses of the world gold market and mining industry at the IT age;

Legal dilemma and suggestions for the development of gold market in China;

In this paper,Hasbrouck(1995)Information Share model is utilized to analyze the price discovery mechanism of gold markets in China by contrasting the SGE and LBMA.

The forty gold markets which are the important parts of financial market have been developed fast in the decade.

The relationship between China and foreign gold markets is as always an interesting problem of investors and supervisor.

The empirical study shows there exists mean spillover effect from London gold market to China s gold market.

Based on the two typical market modes existing in the London Gold Market and New York Gold Market,this paper puts forward the recommendation of building a multi-layered gold market framework in China.

The US gold market,which enjoys the same significance as the European gold market,operates with a mode of futures trading represented by the Chicago Mercantile Exchange(CME)and the New York Mercantile Exchange(NYMEX).