It is often called spot gold and is the largest stock in the world. Because the daily trading volume of spot gold is huge, the daily trading volume is about 20 trillion US dollars. Therefore, no consortium or institution can manipulate such a huge market artificially, relying entirely on the spontaneous adjustment of the market. There is no banker in the spot gold market, and the market is standardized, self-disciplined and sound.
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. And if you make up the difference, you can extract physical gold. Minimum 100 ounce.
Click-Gold K-line spot gold introduction
1. Definition:
Spot gold is an international wealth management product, which is an investment and wealth management project formed by gold companies establishing trading platforms and conducting online transactions with market traders in the form of leverage ratio.
Market makers are the top five international gold merchants: HSBC, Maple Leaf Bank, International Investment Bank of the United States, Lochiel and Deutsche Bank.
2. Gold investment:
Physical gold: in the form of 1: 1, that is, no matter how much gold you buy in any currency, you can only buy it up.
Paper gold: also known as physical gold passbook, in the form of 1: 1, which can only be bought in one direction.
Futures gold: Buy up and down in two directions with a leverage ratio of about 1: 10 and in the form of limited contract time.
Spot gold: the leverage ratio is about 1: 100 and there is no time limit. It is in the form of T+0, which can be traded 24 hours a day and can be bought and sold in both directions.
3. Spot gold trading rules:
Quotation: the international unit of valuation is USD/oz, which is settled in USD, and RMB is converted into USD according to the bank exchange rate. (1 oz = 31.1035g)
Trading hours: trading is 24 hours a day and closed on weekends (08: 00 Monday-03: 30 Saturday). It closes at 03: 00 in summer solstice and at 03: 30 in winter solstice.
Europe: 16: 00-23: 30 USA: 20: 20-0 1: 30.
Contract unit: 1 hand = 100 ounce. Minimum fluctuation: 0.0 1 USD/oz.
Contract specifications: standard order: 1 lot = 100 ounce contract margin: 1000 USD (that is, 1000 USD can be bought 1 lot), and the margin of each trader is different. Relatively speaking, a higher margin is conducive to investors' risk management.
Mini-order: 0.5 lot = 50 oz. Contract deposit: 500 USD (that is, you can buy 0.5 lot for 500 USD). The margin of each trader is different. Relatively speaking, the higher the margin, the better the risk management for investors.
Total contract value: spot gold price * 100 (ounce) *6.83 (current bank exchange rate). For example, the spot gold price is now $900 per ounce.
Calculation: 900 *100 * 6.83 = 614,700 RMB, that is, gold is placed under the operation, and the deposit is 1000 USD, with a value of 614,700 RMB (90,000 USD).
Mechanism: Stop loss and stop profit limit orders can be set for this order at the same time when entering the market.
Long: the profit of buying at a low price and selling at a high price.
Buy down (short): sell at a high price, buy at a low price, and make a profit.
Transaction form: T+0 form is buying and selling, two-way operation, and the form is down payment (deposit).
The handling fee is $65,438 +000, and the price difference is 0.5 point+$50 commission.
The spread is collected by the bank (the spread of regular traders is not guaranteed, and the spread will fluctuate temporarily due to the influence of the market, and it will encounter huge sums of money or data.
4. Gold market:
Centralized market: customer-to-customer transactions, that is, the gold jewelry market.
Zuozhuang: The trading is carried out by the top five international gold merchants, which is global, without any banker's manipulation, and there is no phenomenon of no receipt.
5. Factors affecting gold:
① The largest gold producer in the world: South Africa, the United States, Australia and China.
② Countries with the greatest demand: India and China.
③ the relationship between supply and demand.
(4) the era of war.
⑤ Financial crisis/inflation.
⑥ American economy.
⑦ Oil price.
8 central bank deposits.
6. Advantages of spot gold:
1.T+0 transaction: online transaction, which can be bought and sold.
2. Long opening time: 24-hour trading, after 20: 00 in the evening, great market opportunities and correct financial management at work.
(3) Large leverage ratio: A small amount of money is used to make a big investment, and the ratio is about 1: 100, that is, 1 0,000 dollars is used to buy gold worth about 80,000 dollars.
4 two-way operation: you can buy up and down, and the market can make a profit. The market decline can also be profitable.
⑤ Simple operation: single variety, only one product, different from thousands of stocks, with fast trading speed. There is no unattended delivery, and the transaction can be completed in 1 sec.
⑥ Great income: Multiple accumulation operations can be carried out on the same day, and the lowest daily fluctuation of gold is above 12 USD/oz.