Precious metal trading is mainly divided into physical trading and electronic trading. Physical commodities are generally traded in the form of physical commodities in banks or gold stores; electronic trading is like stocks, futures, foreign exchange and other financial products, through trading platforms.

Central computer data is used to conduct transactions. The "single hand" mentioned here mainly describes electronic transactions of precious metals.

1. Lot number

The lot number is a quantifier, which is equivalent to one share of a stock and the quantity of a full transaction settlement document. Currently, it is often used as "lot number" in foreign exchange and precious metal spot transactions. ” as the number of transactions flowing per transaction.

Therefore, in precious metals, one lot is the quantity of the transaction. Generally, for relatively large unit transactions, the lot is called directly, especially in margin trading. This kind of name is relatively common, and it is just the standard specified for each lot of each variety. Not the same.

2. Lot size

Generally, the lot size we refer to is the standard lot. 1 lot = 1 standard lot, for a standard account? 1 mini lot = 0.1 standard lot, for a mini account 1 Super mini lot = 0.01 standard lot, for a super mini account

3. What does one lot mean

At present, it is generally customary to use grams as the unit of measurement for precious metals in China. Although the metric system is used in China, the unit of measurement for precious metals in China is different from the customary unit of measurement "ounce" that has been established in the international market. , domestic investors must first get used to adapting to this difference in measurement units.

In the international market, ounces are usually used as the unit. Take London gold trading as an example. One lot of London gold is 100 ounces of gold, and 1 ounce is equal to 31.1035 grams. Extended information:

Two-way operation

The biggest feature of spot gold trading is the short-selling mechanism. This stock fund warrant is incomparable. This means that you can make money even when the market is falling. The advantage of spot gold investment is that there is no hold-up. If there is no gold price drop, investors will have no chance.

Margin trading

The amount of funds is increased 100 times. The trading volume of one gold investment transaction is 100 ounces (1 ounce = 31.1035 grams), which means that investors only need to spend 1 ounce With the funds, you can have the trading right of 1 lot (100 ounces) of gold, and then take the gold returned with 1 ounce of funds to the gold market for trading, earning the price difference, thereby realizing the characteristics of doing big business with small funds!

Trading mode

You can buy on the same day and sell on the same day. When you find that the market is unfavorable, you can make a U-turn immediately to reduce losses. Or close the position immediately if you make a profit. Trading hours are 19 to 20 hours a day, especially suitable for office workers who work during the day and trade at night.

The market is open

The international spot gold market is open to the world and has high transparency. With a daily trading volume of several trillion US dollars, it is difficult to find a bookmaker. It is highly analyzable and suitable for technical analysis.

Strong value-preservation

Gold has been the best value-preservation commodity since ancient times and has great potential for appreciation. Increasing inflation in the world will promote the hedging function of gold, thereby promoting gold trading.

Baidu Encyclopedia-International Gold