Paper gold trading "can only buy up, not down", what does it mean?
Simply put, paper gold can only be bought at a low price and sold at a high price to earn the difference. For example, if you buy1000g at 200, when it is sold at 205, you will earn one gram of 5 yuan, which is 5,000 yuan. Banks charge a handling fee of 8 cents per gram, and only gold futures and gold margin transactions can buy up or down.