In Chinese mainland, Shanghai Gold Exchange and Shanghai Futures Exchange should be the core of choice. These two places are precious metal trading places approved by the State Council, and their legality has been fully guaranteed. Therefore, when choosing relevant places, we should pay attention to whether they have business licenses. Shanghai itself is also one of the internationally renowned financial centers, and it is also the general trend to carry out precious metal trading business.
Hong Kong has more experience in investing in local Loco-London gold trading than the mainland, because only the gold and silver exchange has a history of 100 years since its establishment, and has gradually developed from a regional trading center to a world trading market, attracting a large number of well-known gold traders to enter Hong Kong.
Therefore, when investors choose a trading place in Hongkong, they should take the China Gold and Silver Exchange Institute managed by the financial management department as the criterion to see whether the selected platform has the qualification of a trader issued by the trading place. The list of these traders can be inquired in official website, and investors can distinguish the authenticity through inquiry.