People usually say that domestic futures gold generally refers to Shanghai Gold (referred to as Shanghai Gold for short), which is characterized by requiring more margin (30,000-50,000 yuan per person 1 hand), less leverage (7- 14 times) and relatively small fluctuation points. The domestic futures market has a small pool of funds and is easy to be manipulated.
The difference between international gold spot and domestic gold futures is mainly reflected in delivery time, trading time, risk and income, margin and so on.
Spot gold is the peripheral market, and international spot gold is London gold, which is the largest trading market in the world. Government, central bank, institutional companies, etc. All of them are traded inside, and the information is completely transparent, and the transaction volume is huge. The possibility of controlling the village does not exist at all, and it depends entirely on the ability of investors to obtain benefits; The gold futures market has both external market (new york gold) and internal market. Domestic gold futures are mainly in the internal market (Jin Shanghai), and the trading volume is not enough. In addition, the government's restrictions on the futures market have increased the possibility of inside information and provided opportunities for bookmakers.