1. The trading rules are different: financing is a matching transaction, that is, buyers and sellers quote through the trading platform, and the trading platform completes the transaction according to the quotation, while the international gold price is determined by the market maker system, which provides liquidity for the market and maintains market stability.

2. Liquidity risk is different: because financing is a matching transaction, there will be liquidity risk, that is, it is difficult to find a suitable counterparty to complete the transaction in some cases, while the international gold price is a global market, so its liquidity is relatively high and the risk is relatively small.