paper gold
"Paper gold" is a kind of personal voucher gold. Investors buy and sell "virtual" gold on the books according to the bank quotation. Individuals earn the fluctuating price difference of gold by grasping the trend of international gold price. Investors' transaction records are only reflected in the "gold passbook account" opened by individuals in advance, and there is no cash withdrawal and delivery of real money and silver.
Spot gold
Spot gold is an international investment product, which is an investment and financial management project formed by gold companies establishing trading platforms and conducting online transactions with market traders in the form of leverage ratio. It is often called spot gold and is the largest stock in the world.
The difference between the two:
1, different positions
Spot gold is cheaper than paper gold, and? Spot gold positions need to pay an overnight fee, that is, an extension fee; There is no overnight fee for paper gold, and the cost of holding positions is low, but the transaction cost is high. So what? Spot gold is suitable for short-term, and paper gold is suitable for mid-line.
2, the utilization rate of funds is different
Spot gold is a margin transaction, which improves the utilization rate of funds; Paper gold needs to be traded in full, and the utilization rate of funds is low.
3. The trend is different
Spot gold quotation depends on international quotation, which is basically impartial, open and transparent, the market is not dominated by dealers, and the transaction is more fair and just; The paper gold quotation is adjusted by the bank according to the international quotation, which is biased.
4. Different quotations
Spot gold trading is quoted in USD, and the quotation unit is USD/ounce, each lot 100 ounce; The price of paper gold is RMB/gram.
5, the operation mode is different
Spot gold is small and big, and the leverage effect is obvious. It is easier to make a profit by amplifying funds, but there are also risks; Paper and silver don't explode at one stroke. In addition, paper gold can only buy up, not down, while spot gold is a two-way transaction.
? Note: both of them are high-risk investment projects, so you need to be cautious in investment!