There are two main types of gold trading in the gold market, namely spot trading and futures trading. Spot gold mainly refers to bullion, gold ingot, gold bar and gold coin. Most of the gold transactions newly mined by private or gold mining enterprises are physical transactions. The gold purchased by customers can be stored and transferred by themselves, or entrusted to a gold merchant for safekeeping. Spot transactions are generally delivered immediately after the transaction or completed within two days.
Trade advantage
Gold trading is the investment project with the lightest tax burden in the world. In contrast, many other investment products have some taxes that investors can easily ignore. Especially the inheritance tax, when you want to transfer your property to the next generation, the best way is to turn your property into gold, and then your next generation will turn gold into other property, thus completely avoiding the high inheritance tax.
The transfer of funds is not hindered by any registration system, such as the transfer of houses and stocks, and the transfer procedures must be handled. If you plan to give your child a house and a piece of gold, you will find it convenient to transfer the gold, just let the child move away, but the house is much more laborious. From this perspective, these assets are not as liquid as gold.