The difference between spot gold and futures;
1. Futures is a contract that must be performed in the future, and the delivery time must be determined; Spot gold is traded 24 hours a day.
Second, in the event of a fire in the domestic regional market; Gold is an international market.
Third, from the perspective of trading time, futures trading is 4 hours; Gold 24 hours
Fourth, market makers are different from exchanges: futures trading is generally concentrated in futures exchanges; There is no centralized matching transaction for spot gold.
5. Futures are formed by centralized bidding of all traders in the exchange; Spot gold price is the buying and selling price quoted by gold market makers.
6. Whether the trading object is a specific futures trading object is not specific, and any investor who makes a reverse trading order on the exchange may be his trading object; Spot gold is traded with a fixed gold market maker.
7. Futures contracts have an expiration date and cannot be held indefinitely; Gold can be held indefinitely.
Today, when the stock market is generally depressed, gold investment is a good way to preserve and increase wealth.