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What does London gold mean?
London gold refers to gold traded in London, and its price is determined by the London gold market. London gold market is the largest gold market in the world with a long history, which can be traced back to19th century. London gold is usually traded in USD/oz, and the price is influenced by many factors such as global economy, politics, monetary policy and market demand.

London gold trading can be divided into on-site trading and off-site trading. On-floor trading refers to trading on a fixed exchange, such as London Bullion Market Association (LBMA); Over-the-counter transactions are transactions conducted by telephone, Internet and other means of communication.

Investors can make a profit by buying and selling the difference between London gold and London gold, which is called gold trading. Gold trading can be divided into physical gold trading and paper gold trading. Physical gold trading refers to investors buying and holding physical gold, such as gold bars and coins; Paper gold trading, on the other hand, realizes the investment in gold price by buying and selling financial instruments such as gold futures contracts or exchange traded funds (ETFs).

It should be noted that London gold trading involves high risks, including market risk, exchange rate risk and political risk. When trading Loco-London gold, investors need to fully understand the market, formulate appropriate investment strategies and control risks reasonably.