London gold trading is a futures contract with gold as the trading object. Under normal circumstances, you need to open an account in a regular spot London gold exchange. The following are some common gold trading contracts:
1, the investment threshold of gold futures generally needs 20,000-30,000 RMB to invest, which is a lot of money, which may be difficult for most investors in the novice stage, and the trading time limit of gold futures will greatly increase the difficulty of income.
2. In addition to gold futures, there are two hot investment methods in the market at present, namely paper gold and London gold. Compared with gold futures, these two methods are not too demanding for investors. Although the capital injection cost of paper gold is not high, it also has limitations, that is, low income and high cost, and the starting point of investment cost of London gold is relatively low. For example, some London gold trading platforms can invest and trade at a minimum of $70, so in general, London gold trading is more suitable for mass investors.
Due to the high capital requirements of gold futures investment and the high transaction cost of paper gold, these two gold investment methods are actually not suitable for mass investors, not to mention the restrictions of trading rules, which will make it more difficult for them to obtain income than other investment methods. Therefore, I suggest you give priority to London gold trading, which has a low investment threshold and considerable income. However, when trading, we should pay attention to risk control and be prepared to take profit and stop loss.