1. First of all, you need to understand the gold products of Bank of Communications. Currently, Bank of Communications has paper gold, gold futures, and gold TD.
1. Paper gold can be operated with online banking. First log in to the bank's online banking, and then enter the account precious metals page of the online banking to start the operation. You can buy directly in the trading area, or you can set a pending order to buy. The spread on paper gold is 0.8 yuan per gram, which can also be said to be a handling fee. If the buying price is greater than this spread, you will start to make a profit. Then you can make a profit by selling it.
2. Gold futures
Gold futures need to open an account with a futures company. After you have your own account, you can operate it by injecting funds. Generally speaking, buyers and sellers of gold futures, They all sell and buy back the same number of contracts as the previous contract before the expiration date of the contract, that is, closing the position without actually delivering physical gold. The profit or loss from each transaction is equal to the difference between the purchase and sale of two contracts in opposite directions. (Gold futures are generally only suitable for large companies to operate, because gold futures were originally used to hedge against the gold transactions of physical companies)
3. Gold TD
Gold TD is also called gold deferred trading. Gold TD can be operated on the interface of ICBC. To buy up means to buy to open a position, to sell is to close the position, and to buy down is to sell to open a position and buy to close the position.
2. Gold speculation requires a certain risk tolerance, financial knowledge, a good attitude, attention to fund management, excellent technical analysis, and market observation capabilities.