The so-called gold futures refer to futures contracts with the gold price of the international gold market as the trading target at a certain time in the future. The profit and loss of investors buying and selling gold futures is measured by the difference between entry and exit, which is the physical delivery after the contract expires.

Spot gold refers to physical delivery, such as gold bars and coins. Spot gold is only a virtual book transaction, without physical delivery. How many grams of gold are there in your passbook? It's just a bookkeeping symbol, and you can't extract physical gold. It just earns the difference by buying and selling. The former can preserve and increase value, but it takes time.

Second, the trading rules

Trading rules, spot gold is traded by market traders, that is to say, you can successfully facilitate the transaction at any time if you want to buy or sell it, but futures are matchmaking transactions. When the big market comes, there may be cases of non-delivery, which to some extent infinitely increases the risk of investors.

Third, trading time.

Trading time: Spot gold consists of Asian plate, European plate and American plate, and its trading time is 24 hours. Investors can trade at any time of the day. But futures have a trading time limit. In China, the trading time of Shanghai Gold on the Shanghai Stock Exchange just missed the beginning of the European and American markets where the price of gold fluctuated the most.

Fourth, leverage ratio.

The leverage ratio of spot gold is 1 to 100. Spot gold can be bought and sold by paying a deposit of 1000 US dollars, but the funds needed for futures are much larger, the demand for funds is large, and the corresponding risks are also great.

After you understand the difference between gold futures and gold spot, I believe that you will realize these points if you invest in gold with foresight. As far as the rules of the game are concerned, spot gold is superior to gold futures. Moreover, spot gold is an international transaction, which has a history of several hundred years abroad. In China, gold futures were listed on the Shanghai Stock Exchange in 2002, and the supervision in all aspects is not very strict, and the market is not very mature, which also magnifies the risks to some extent.

Gold futures

Gold futures is a kind of futures contract with gold as the trading object and gold price as the target at a certain time in the future. People invest in gold futures mainly by buying and selling futures contracts. In order to improve the chances of trading, we should try to choose the main contract with a large number of participants.

Different gold investment trading products have different trading forms, but their market changes are all formed by the fluctuation of gold price in the international market, so no matter what kind of gold trading products people choose, they need to be able to accurately grasp the market development trend of the gold market.