First of all, this spread is restricted by the state, so now the spread of large state-owned banks buying and selling paper gold is 0.8 yuan;
Secondly, other forms of paper gold are not protected by law and should be explicitly prohibited;
What is unprotected but individuals can buy and sell now is the international spot gold margin trading.
The official products of the country with gold as the medium include paper gold and gold t+d (futures), gold warrants and gold ETFs (funds).
The international spot gold margin trading, in terms of profit, is because of the above, but the risk is higher than the previous one, which is also the reason why the state has not explicitly prohibited it.
(International spot gold margin trading is an edge ball that follows China's policy)
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For reference only, please learn by yourself.
I hope it helps you.