Abstract: By integrating the international and domestic economic situation,the essay clarify that the standard gold futures in Republic of China is in fact currency futures,and its buoyant is also because of this,but the main western country s abandon of gold standard in 1930 s economic crisis and the Fabi reform of Republic of China led to the forfeit of currency futures character of standard gold,so it got decline quickly,the fact approves that there must be real economic basis for any futures.And by comparing with...