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As of June 2009, the Shanghai Gold Exchange has 162 member units, which mainly manufacturing, manufacturers and other gold enterprises, there are 129, but with the nature of the financial investment is only 25 members, the lack of an active brokers and market makers.

由于我国黄金市场尚未发达，目前对市场衍生产品开发较少，在成熟的国际黄金市场中，衍生品交易比例占到交易总量的90％以上，可见，我国黄金市场交易量的严重不足，这样就直接导致了市场规模有限、黄金投资功能发挥不充分，影响了我国黄金市场健康发展。

As China's gold market has not yet developed, the current development of derivative products on the market less in a mature international gold market, the proportion of derivatives trading volume accounted for more than 90%, showing that China's gold market trading volume is seriously insufficient, so directly led to the limited size of the market, gold investment is not functioning adequately, affecting the healthy development of China's gold market. According to Wang Hui (2008) "Development of China's gold market, the preliminary exploration" can know, early 2006 transaction data (Table 1) can understand, with a total volume of about 350,000 positions (one-way), the daily turnover in the 5 to 180,000 between hands (one-way), while domestic 2005 906.415 tons of annual volume is sometimes equivalent to only one day in New York gold futures trading volume. 2008 Spot gold was quoted at U.S. $ 985.90/986.70 an ounce, as the dollar hit a record low against the euro and oil prices soared. Spot silver per ounce from New York 2 0.6 1/20.66 dollar edged up to 20.73/20. $ 78, spot platinum ounce from New York 2240/2252 rose to $ 2,247 / $ 2,257. And the domestic gold market by the international markets, the appreciation of the renminbi continued, would further weaken the gold market.

目前央行对黄金市场的管理和监测主要还是依据国务院于1983年颁布的金银管理条例和央行于2001年颁布的关于规范黄金制品零售市场有关问题的通知等若干行政性法规，其实国务院已于2001年正式启动了黄金管理体制改革，但执行力度较小，由此可见，我国目前黄金市场的发展速度和现实情况已不适应这些法规条例，使得央行基层行在对黄金市场监测和管理中出现了依据不明、职责不清的情况。

The central bank on the gold market is mainly based on the management and monitoring of the State Council in 1983 promulgated the "Regulations of gold and silver," and the central bank in 2001 promulgated the "gold products on the retail market norms related issues notice" and a number of administrative regulations, in fact, In 2001 the State Council officially launched the Gold management system, but enforcement is small, we can see that China's current growth rate and gold market realities were not suited to these laws and regulations, making the central line of the gold market grassroots monitoring and Management appeared basis is unknown, unclear situation.

In addition, the current in accordance with the existing provisions, the domestic gold and gold markets regulatory authorities is the People's Bank, while gold futures SFC regulatory authorities, commercial banks individual gold Investment Banking business departments are generally gold jewelry production and distribution business is the national regulatory authorities Administration for Industry and Commerce. This bull management system will not only easily lead to regulatory vacuum in some parts of the heart and can easily result in market management confusion, thus affecting the regulatory supervision of the market, and further affect the market's healthy development.

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