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Why is it better to fry gold than crude oil?
There are the following aspects:

First, the sensitivity is different. Crude oil is more sensitive to economy, while gold is more sensitive to price.

Second, product resources affect prices. Crude oil and gold come from different product resources, which will also have a very important impact on their prices.

Thirdly, the volatility of crude oil is high, the market scale is small and the liquidity is low, and the fluctuation of demand between industries and stored value uses leads to the increase of the volatility of crude oil trading.

Four. Gold investment platforms are mostly illegal platforms. At present, the only formal gold trading platforms in China are the gold trading products of Shanghai Gold Exchange and Shanghai Futures Exchange. There are also platforms from abroad that do not conform to domestic laws, and platforms that have not obtained gold trading qualifications in China. There are many problems in these platforms, so investors should choose carefully. There are many platforms approved by the government to officially trade crude oil in China.