International gold spot, also called London gold trading, is not the name of gold, but the name of a gold trading method. It is a trading product provided by the London International Financial Futures Exchange. It is a 400-ounce gold brick with a purity of 99.5%, which is kept in the underground vault of the City of London. Named after its origin in London.
Introduction to London gold exchange
(1) transaction unit. The minimum trading volume of London gold is 0. 1 lot/sheet/sheet, 0. 1 hand/100 USD, and 0. 1 lot is equal to 10 oz, so the initial capital requirement is low.
(2) margin trading. Only a small amount of margin is needed to make large transactions. The amount of funds is about 100 times. It is an opportunity for small and medium investors.
(3) T+0 trading. You can trade on the day you open an account, and you can trade many times a day.
(4) Two-way transaction. You can buy up or down. You can buy it or sell it first. Therefore, no matter how the price of gold moves, investors always have room for profit.
(5) Convenient market. The daily turnover of $20 trillion, that is, buying and selling, does not exist whether anyone takes orders. Don't worry about not buying it, and don't worry about not selling it.
(6) Gold trading can set its own safety line, that is, it can set its own stop loss point and take profit point when delivering documents. Therefore, in practice, the risk of gold trading can be reduced to less than 10% per day. That is, less than the biggest one-day decline of stocks. At the same time, because there is no daily limit for gold trading, the daily increase of gold trading can be greater than 10%. It is not uncommon for the daily increase to reach 100%.
(7) Also known as the largest share. This kind of gold is being speculated all over the world, and the trading volume of gold is huge, with a daily trading volume of about 20 trillion US dollars. Therefore, no consortium or institution can manipulate such a huge market artificially, relying entirely on the spontaneous adjustment of the market. There are no bankers in the gold market. Market norms, strong self-discipline, sound laws and regulations.
(8) trading time. Trading 24 hours a day. Asian trading hours are from 9 am to 4 pm, European trading hours are from 4 pm to 8: 30 pm, and American trading hours are from 8: 30 pm to 2: 30 am the next day. Generally speaking, the most active time for gold trading is the American market, which is between 8 pm and the next morning 1.
(9) There is no bull market or bear market in the gold market. Whether the price of gold rises or falls, it is an opportunity for investors. The gold market pays attention to the market. The market is a gap or fluctuation in the daily market. That is, the difference between the highest and lowest prices in the market. Where there is a price difference, there is a market. The bigger the price difference, the better the market. Specifically: when the spread is less than 0.4%, the market is poor. It's good if the market price reaches 1%, and it's good if it reaches 2%. Now it has reached 3%, which is a good time to invest in gold.
(10) Futures contracts have no expiration date and can be held indefinitely. Just pay the overnight storage fee (multiple orders: the customer pays the company; Empty bill: the company pays the customer)