At present, there are several ways of domestic gold investment: investing in gold bars, investing in gold coins, gold management accounts, gold certificates, gold futures, gold options, gold stocks, gold funds, international spot, Tiantongjin and paper gold. I'll explain it to you in detail here.
Gold futures is a kind of futures contract of gold spot, which refers to a futures contract with the gold price in the international gold market as the transaction target at a certain moment in the future, and the contract has certain standards.
Generally speaking, buyers and sellers of gold futures close their positions by selling and repurchasing the same number of contracts as before before the contract expires, without actually delivering real gold. After the expiration of the contract, the physical delivery.
The gains and losses of investors in each transaction are equal to the difference between two contracts in opposite directions, which is also commonly known as "speculation".
Gold futures contract trading only needs a small amount of margin as the investment cost, which is highly leveraged, that is, a small amount of funds promotes large transactions, so gold futures trading is called "margin trading".
Paper gold is personal bookkeeping gold, which is quoted according to the fluctuation of the international gold market. Investors can earn the price difference by grasping the market trend of buying low and selling high.