1. Trading time: Spot gold consists of Asian, European and American markets, and its trading time is 24 hours. Investors can trade at any time of the day. But futures have a trading time limit. In China, the trading time of Shanghai Gold on the Shanghai Stock Exchange just missed the beginning of the European and American markets where the price of gold fluctuated the most.
Second, the trading rules, spot gold is traded by market traders, that is to say, you can successfully facilitate the transaction at any time if you want to buy or sell it, but futures are matchmaking transactions. When the big market comes, there may be cases of non-delivery, which to some extent infinitely increases the risk of investors.
Here are a few simple concepts. Conceptually, gold spot and futures are actually spot transactions. In theory, Shanghai gold spot can also be delivered in quasi-futures or not. Pure gold futures trading must be delivered or closed on the delivery date. At present, the mainland gold futures trading is very inactive and the trading volume is very low. Although this prospect is still quite good, the advantage is that the tuition fee per kilogram is less than that in 50 yuan, while the Shanghai Gold TD (Online Banking) Independent Platform) is 800- 1000 per kilogram, and the trading time is different. Futures stocks are about the same time, and there is no night market. TD trading for one day 10 hour, closed on Friday night. In addition, by the way, people who are more inclined to invest in gold bars in spot trading are also spot trading, but they are not optimistic. One gram needs to add 12-20 RMB, which is equivalent to a handling fee of 20,000 RMB for one kilogram. There are also electronic discs for London gold trading in the market, so this kind of investment should be cautious. No delivery, no electronic trading, no matchmaking, that's gambling. Some people say that primary school students should be careful when trading gold bars. If you need special instructions, just ask me. I have been engaged in the gold industry for many years. At present, the gold shop is located in Renmin Road, Wenzhou, the largest gold and jewelry trading center in southern Zhejiang. Investing in gold should also be cautious, combining long and short positions, holding long positions for a long time and putting an end to short-term arbitrage. One more set for a while, one for life!