Paper gold belongs to the virtual investment business of gold, so it doesn't need to be delivered in kind, and its trading mode is more flexible and convenient to operate, and its investment risk is low, which is very suitable for ordinary people to operate. Of course, there are certain methods and tricks to fry paper gold, so how to effectively fry paper gold?

1. Trading time

All major banks carry out paper gold business by themselves. Due to different regulations, the trading time of paper gold among banks is also different, which needs to be carefully selected and compared. Generally speaking, the longer the trading time, the more favorable it is for investors and more profit opportunities can be obtained, so we should give priority to those paper gold varieties with long trading time. Specifically, you can consult the bank counter or go to online banking.

2. Quotation methods

There are two quotation methods for paper gold: quotation at domestic price and quotation at international price. Investors can choose paper gold products with different quotation methods according to their own habits and trading preferences.

3. Handling fee

The handling fee of paper gold is mainly spread. The lower the handling fee, the more favorable it is for investors, so choose those paper gold products with low handling fee. At present, the spread of paper gold of Bank of China is .4 yuan/gram, and that of China Construction Bank is .5 yuan/gram. Other banks have different regulations, and some divide the spread into US dollars and RMB according to different currencies. Investors should convert the handling fees into the same standard when comparing, for example, all of them are denominated in RMB, and compare which bank's handling fees are more favorable.

4. Care about relevant information and data

When speculating paper gold, you must care about international current affairs and financial information, because gold is an international investment product, and its price is closely related to the international political and economic situation. Usually, you should get relevant information through newspapers, media, internet and other channels.

5. Do a good job in fund management

Paper gold is a financial investment after all, and investors need to take it seriously. Only by doing a good job in fund management can we minimize risks. In addition, investors can only use idle funds to invest in paper gold, and they should operate lightly, psychologically remain neither arrogant nor greedy, and slowly and steadily invest in paper gold more effectively.

In addition to paper gold, I recommend you to pay attention to spot gold with leveraged trading.