Account precious metals, commonly known as paper silver, are paper transactions of precious metals. It is similar to the market-maker system. It is a transaction between investors and dealers. In paper silver, the dealer is the bank. The so-called bidding system is a matchmaking system. The system is an investor-to-investor transaction. Futures silver, td silver, and stocks are a matching system. The transaction cannot be completed without a counterparty. Paper silver and spot silver are market-traded systems, and positions can be closed at any time to lock in profits.

The buying and selling prices are set based on the current price. The selling price is two cents less than the current price, and the buying price is two cents more than the current price. For example, the current price is 3.90 per gram, the selling price is 3.88, and the buying price is 3.92. For example, if you do it at this price of 3.90 Long (buy first and then sell), buy and open a position at 3:92 (buying price). The current price has to rise to 3.92 before you can earn back the buying fee. Then you sell to close the position. The price is 3.92. Sell The price is 3.90, you lose 2 points. Note: What newbies can’t understand is that they don’t understand the so-called price. The price I mentioned above does not say buying or selling, it refers to the current price. In fact, it is the bank’s price that is higher than the market price. Sell ??it to you at a price lower than the market price, and the bank earns a handling fee (spread) of 3.8 cents. The handling fee for paper gold is 70 cents. The spread for platinum, palladium, and crude oil is a little higher. There are banks that can speculate in paper silver. ICBC, Bank of China, and CCB, buy directly from the bank. The minimum purchase and sale of Bank of China is 100 grams. You can only do long. CCB can buy and sell one gram per gram. You can only do long. ICBC is the best. You can make short and long profits in both directions. The minimum purchase is one gram. The price of paper silver changes with the international gold and silver price. The unit of pricing of spot silver is kilograms, and the unit of pricing of paper silver is grams. The price of spot silver divided by 1000 is roughly the price of paper silver. The price of spot silver is determined by the price of futures silver. This is related to the futures market of each continent. Which country has a larger trading volume in the futures market will have a stronger say in the price of gold and silver. The highest price and the lowest price are The highest and lowest prices for trading on various commodity exchanges in a day. The precious metals market is mainly divided into the Asian market, which opens at 7 a.m., the European market, which opens at 3 or 4 p.m., and the US market, which starts at 8 p.m. The US market has a large trading volume, so 80 % of price fluctuations are determined by U.S. investors, so those who play crude oil and precious metals should pay attention to the U.S. economy. The opening price is the first transaction price of each session, and the closing price is the last transaction price