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Will the price of paper gold affect futures gold?
"Paper gold" refers to the book transaction of gold, also known as account gold, and does not involve the extraction of physical gold. The profit model is to get the difference by buying low and selling high.

Futures contracts with gold as the trading object. Gold futures, also known as gold futures contracts, are contracts that investors can buy and sell freely. The profit and loss of investors buying and selling gold futures is also measured according to the difference in gold price between the time when they often open positions and close positions. In such a contract, it mainly includes key information such as deposit, contract unit, delivery month and final expiration date.

It can be seen that both of them are part of the gold market, which is determined by many international factors, but the market influence between them is relatively small.