The overnight fee for holding a spot gold position refers to the overnight fee incurred by the investor after placing an order on the same day. Strictly speaking, the financing cost of funds or gold objects caused by customers' delay in delivery is the overnight fee for holding positions. The overnight fee for overnight spot gold positions, whether on working days or rest days, will be charged as long as the positions are held overnight, and the overnight fee will be settled on a daily basis, whether it is long or short.

In addition, how to calculate the overnight interest? The overnight interest per lot 1 day is about $4. The calculation formula of overnight interest is: closing price of the day * contract unit * number of lots * interest rate *( 1/360)= overnight interest, and the overnight rate for the buy-up position is 1.25%, and the overnight rate for the buy-down position is 0.75%. The overnight interest per lot 1 day is about $4.

For example, on the trading platform, open a position to buy 1 lot of London gold, and the closing price on the day is 1.700 USD, and overnight is 1 day. Then the interest is: 1700 USD * 100 oz * 1 hand *1.25% * (1/360) = 5.90 USD. It should be noted that the overnight interest of positions held on Wednesday-Thursday will be charged at 3 times the normal interest rate (including two days on weekends); In case of holidays, the calculation of interest will be postponed to the next trading day, and the number of interest-bearing days will be accumulated accordingly.