Are gold futures and paper gold the same thing?
Gold futures and spot gold are different. Gold futures are T+D transactions. Generally speaking, margin trading increases with the passage of time by 10%~ 13%. Short selling has a certain leverage ratio. Two-way trading hours are from Monday to Friday (excluding holidays) at 09: 00 am-1:30 am and 10 pm. At 2 1: 00-02: 30 pm (Monday to Thursday), paper gold is a wealth management product launched by the bank. The minimum transaction amount is 20g, which can only go up but not down. Trading time is limited and there is no leverage.