International gold prices are generally quoted in USD/oz. For example, the current price of gold is 65,438+0,300 USD/oz. If you buy 65,438+0 lots (the contract value of 65,438+0 lots is 65,438+0 ounces), the value of the first-hand contract is about $65,438+0,000. Generally, spot gold is margin trading, plus leverage. The leverage of 65,438+0,000 times assumes that each lot needs $65,438+0,300, but it is customary in the world to buy 65,438+0 lots with a margin of $65,438+0, and the price of gold fluctuates at any time. For example, when gold rises to 1.350, it will earn $50 per ounce, so it is 65438+.
Generally, traders are used to saying that 1 USD is 10 point, so $50 is 500 points, and buying 500 points of 1 hand gold can earn $5,000. Some people are used to treating 1 dollar as 1 point, so 50 dollars is 50 points, and buying 1 hand gold can also earn 5,000 dollars.