Spot gold trading is a kind of contract trading based on the principle of capital leverage. The right to buy 100 ounces of gold at the price of one ounce according to the trading standards of the international gold deposit contract. Use the trading right of 100 ounce of gold to buy up and sell down, and earn the difference profit in the middle. His "small and wide" trading characteristics have become the mainstream international gold trading means.
Gold unit: USD/oz
Weight conversion: 1 oz = 31.1035g.
The international standard stipulates that 100 ounces is 1 standard hand.
Contract value: current price of gold * unit quantity = total contract value.
The fluctuation of gold price of 0.0 1 USD is 1 point, and the return of 1 point is 1 USD.
Investment advantages of spot gold
1. Two-way trading-There is no bear market in the gold market, that is, you can make money whether it goes up or down, but we can only make money if the stock goes up, and only lose money if the stock goes down.
2. Leverage effect-When the margin is put into trading, you can use a small margin of 1 10,000 yuan to operate the gold equivalent of nearly 1 10,000 yuan, which fully improves the utilization rate of funds.
3.T+0 trading-allowing the liquidation on the same day and multiple transactions, but the stock cannot be liquidated on the same day. Due to various international political and economic factors and various emergencies, the price of gold is often in violent fluctuations, and the price difference can be used for real gold trading.
4. Profit from the price difference-the daily price is about 10 to 30 dollars, resulting in a large price difference and many profit opportunities. There is a saying in the gold market, "I'm not afraid of your ups and downs, but I'm afraid of your inaction." As long as you move, I have a chance to make money. "
5. Flexible time-it can be traded 24 hours, the trading time is relaxed, the trading method is convenient, and it does not conflict with the working time and place. Generally, it is traded at night, which is especially suitable for working people.
6. Market transparency-Gold is the global market and the cleanest investment market in the world. Affected by the global economy, it will not be artificially controlled, and there is no black-box operation of the bookmakers.
7. The project is simple-only one project needs to be specially studied and analyzed, which saves time and effort, while stock investment needs to choose from many stocks.
8. Good prospects-gold speculation has just started in China, and investment and wealth management products such as stocks, real estate and foreign exchange all made crazy profits at first, and gold is no exception.