Loco London gold is the so-called spot gold, which is a virtual transaction used by market makers to gamble.

At present, there are three legal gold and silver investments in China:

1: Gold futures of Shanghai Futures Exchange are characterized by four hours a day, long and short, two-way delivery and margin trading.

2. The physical gold and gold and silver delay of Shanghai Gold Exchange, also known as precious metal delay (gold and silver T+D).

3. Paper, gold, paper and silver opened by several major domestic banks.

Local loco-London gold refers to physical delivery, such as gold bars and coins. Paper gold is only a virtual book transaction and there is no physical delivery. How many grams of gold are there in your passbook? This is just a bookkeeping symbol.

Physical gold cannot be extracted. It just earns the difference by buying and selling. The former can preserve and increase value, but it takes time. I'm afraid it's not safe to keep gold bars at home. I can rent a safe in the bank. Because the latter does not involve physical objects, there is no potential safety hazard, but it is also necessary to grasp the market when trading.

Hope to adopt, thank you!