In the international market, commodities such as gold, soybeans, cotton and oil are settled in US dollars. Imagine that the more valuable the currency (dollar) is, the more gold can be bought with the same currency, that is, the gold per unit mass (ounce) will be cheaper, that is, the dollar currency will appreciate and the price of gold will fall.

Gold futures are futures, just as stock investment needs to open an account in a securities company, so gold futures trading also needs to open an account in a futures company.

First of all, gold futures trading adopts a long-short two-way trading mechanism.

Secondly, gold futures trading meets the national standard GB/T4 134-2003, and the gold content is not less than 99.95%. In 2008, the Shanghai Stock Exchange stipulated that gold futures should be per lot1000g.

Thirdly, unlike T+ 1 trading in stock investment, gold futures are T+0 trading, that is, they can be sold on the day of purchase. No investment or financial management is guaranteed. Like stocks, gold trading has risks. So it is very important to learn basic knowledge.