The so-called buying gold to preserve the value is because inflation will lead to the depreciation of the domestic currency. Now, gold is basically used as the financial reserve of every country, so its value is international. Even if the domestic currency depreciates, it will appreciate relative to the foreign currency, so the gold price will appreciate relative to the domestic currency. You can open an account in a bank, then buy a certain amount of gold and sell it like a stock to make money, but it can be converted into real money. You can change it at the bank.

Definition of gold futures:

Gold futures are also called "gold futures contracts". Futures contracts with gold as the trading object. Like general futures contracts, gold futures contracts also include trading unit, quality grade, term, final maturity date, quotation method, delivery method, minimum price change range, daily price change limit and so on. According to the different units of measurement, gold futures contracts can generally be divided into two specifications. Take the Chicago Grain Exchange as an example. One is gold futures with a weight of 1 1,000g and a purity of 99. 5%, and the other is gold futures with a weight of 65,438+0,000 Moz and a purity of 99. 5%.

The definition of inflation:

Inflation is the devaluation of a country's currency, which leads to an increase in prices. The essential difference between inflation and general price increase: general price increase refers to a temporary, partial and reversible price increase of a commodity due to the imbalance between supply and demand, which will not cause currency depreciation; Inflation is a sustained, universal and irreversible rise in the prices of major domestic commodities, which will lead to the devaluation of a country's currency. The direct cause of inflation is that the amount of money circulating in a country is greater than its effective economic aggregate.

Gold futures advantage: 1, two-way trading, you can buy up or down.

2, the implementation of the T+0 system, in the trading hours, you can buy and sell at any time.

3. You can buy and sell all gold with a small amount of money.

4, the price is open and fair, 24 hours in line with international standards, and it is not easy to be manipulated.

5. The market is centralized and fair. Under the open conditions, the futures trading prices of a region, a country and major financial and trade centers and regions in the world are basically the same.

6. Hedging, that is, buying and selling futures contracts with the same quantity and price to offset the losses caused by gold price fluctuations, is also called "hedging".