Compared with silly buying physical gold, paper gold, gold T+D and gold futures are more attractive. In addition to the "T+D" trading mechanism, contracts can be delivered on the same day, and there is also a short-selling mechanism without additional thresholds. In fact, there is no additional threshold for paper gold shorting and gold T+D and gold futures shorting. There is no difference between trading operations and long positions. Through trading software, web pages and other means, the transaction can be realized with a click of the mouse.

Paper gold is a gold trading product launched by banks. Investors buy and sell "virtual gold" according to the bank quotation. Like gold futures, the trading results are only reflected in the trading account, and there is no physical gold extraction and delivery. And gold T+D can generally be delivered in kind. In addition, the specific details of paper gold, gold T+D and gold futures are quite different.