There is a trading time limit for stocks, which can only be traded in the morning and afternoon. Because it is an international investment, spot gold is distributed in exchanges all over the world, and because the trading objects are all gold, time is combined to form a 24-hour circular trading.
Stocks are matchmaking transactions, and transactions must be equal, so it often leads to strong stocks not buying and weak stocks not selling; Spot gold belongs to the market maker trading mode, trading is free, and there is no such thing as being unable to buy or sell.
There is a limit of 10% on the stock day, but spot gold does not have this limit.
Stocks are non-margin transactions, and buying and selling requires full payment, so the requirements for funds are relatively large; Spot gold belongs to margin trading, and you only need to take out a part of the funds as a margin to trade in full, but it can be large or small.
The stock belongs to the T+ 1 transaction on the second day, which means that the stock bought on the same day, regardless of profit or loss, can only be sold on the second trading day. Spot gold is a T+0 transaction, which can be sold on the day of purchase, and the number of times is not limited.
Stocks belong to the domestic market, the market is relatively small, and it is difficult to make money because they are manipulated by bookmakers. Yellow metal is a natural currency and an international market. Basically, it is not manipulated by bookmakers and is relatively fair and just to retail investors.
At present, only Hongkong has a spot gold exchange (China Gold and Silver Exchange Institute) in China, but not in the Mainland for the time being, only futures gold and td gold exchanges. In recent years, the cooperation between China Gold and Silver Exchange and Shanghai Gold Exchange has become closer and closer, but there is no news of establishing a spot gold exchange in the Mainland.
Whether there will be only one China Gold and Silver Trade Association in China in the future or another in other inland areas is unknown, but Shanghai, as one of the Asian financial centers, is the most likely inland city to establish a spot gold exchange. Let's wait and see.