Different.
"Spot gold and gold futures have the same things, margin, and leverage ratio. But there are several differences, which almost determine the profits and risks of investors.
First , trading hours, spot gold is composed of Asian market, European market and US market, its trading time is 24 hours a day, investors can trade at any time throughout the day, but futures have trading time restrictions, in China, the Shanghai Stock Exchange. The trading time of Shanghai gold just misses the early stage of European and American trading when gold prices fluctuate the most.
Second, the trading rules are that spot gold is traded by market makers, which means that you can buy or sell at any time. The transaction can be facilitated smoothly, but futures is a matched transaction. When the big market comes, delivery may not be possible, which infinitely increases the risk of investors to a certain extent. Personally, I still prefer investing in gold spot. , you can go to Hengxin Precious Metals to download free simulation software to find out.