2. Shanghai Gold Exchange and Shanghai Futures Exchange are not a unit. Shanghai Futures Exchange only deals in all kinds of futures, while Shanghai Gold Exchange only deals in spot gold.

There are many ways to speculate in gold, including spot gold, gold futures, paper gold, physical gold and international spot gold.

4. Gold spot and gold futures are based on the principle of leverage, and paper gold and physical gold are not leveraged.

Spot gold and futures gold, paper gold can be traded online, and physical gold can be traded in banks. Paper gold is also opened in banks, and spot gold and futures gold are opened by qualified investment companies or futures companies. You don't need to go to Shanghai, and you are not eligible to enter the trading market.