ICBC spot Au (gold) 50g is the spot gold category among the spot delivery varieties. There are many varieties in spot electronic trading, such as: spot crude oil, spot asphalt, spot silver, spot gold, spot soybean oil, etc.

Spot (Actuals), also known as physicals, refers to physical goods that can be used for shipping, storage and manufacturing. A general term for goods that are available for delivery and can be converted into cash on a near-term or forward basis, or delivered in advance, and the buyer pays within a very short period of time. Symmetry of futures.

The most common method of spot trading is to pay one hand and deliver the goods in one hand, or to adopt the barter trading method.

Spot transactions are generally suitable for the sale and purchase of agricultural and sideline products, small wholesale and retail transactions. In China, the spot transactions of retail enterprises generally adopt the method of one-hand delivery and one-hand collection of payment, and the payment and goods are paid in both hands; the wholesale enterprise's spot transactions, in addition to the method of one-hand delivery and one-hand collection of money, also adopt the method of bank collection and acceptance. Settlement within the time limit. The differences between spot trading and other trading methods are:

① The purpose of the transaction is to obtain ownership of the commodity.

② In terms of transaction method, it is generally conducted through one-to-one negotiation between the two parties, and does not need to be concentrated at a specific time and place.