The popular definition of spread is: spread is the difference between the purchase price and the selling price, and it is also the handling fee you pay to the platform. The buying price and selling price will be displayed on the trading software.

What is the golden section:

The price difference of gold is the price difference between buying and selling. The gold merchants and banks behind the London gold trading platform will quote lower buying price and higher selling price when quoting the price of gold. The price difference in the middle is their profit. Usually, the bid-ask spread of spot gold is 0.35-0.5 USD/oz.

Point value calculation of point difference:

"Point value": the value converted into currency every 1 point.

Integral value calculation formula = contract unit * minimum change integral unit, for example, the integral values of major currencies are as follows:

Gbpusd100.000 0.0001=10 USD/point.

USD100.000 0.0001=10 Swiss francs/point.