London gold trading is not a kind of gold, but a way of precious metal margin trading. It is named after its origin in London and has a long history. It is a popular way of gold investment in the market.
Loco-London gold, as spot gold, often has spread and overnight interest in the transaction process, which is also the main source of transaction costs in the investment process, but Loco-London gold has no term contract.
New york gold, as an international gold futures, will not generate spread fees and segregated interest, but there will be term contracts, and the main transaction fees will be charged according to the term contracts.
The minimum price fluctuation of London gold is 0.0 1 USD/oz, and there is no delivery period in the trading process. The minimum price fluctuation of new york gold is 0. 1 USD/oz, and there is a delivery period, from the first working day to the last working day of the delivery month.
Because they don't belong to the same type of trading products, they are different and the quotations are different. London gold trading should be more flexible, and you can invest with or without foundation. You only need to do a good job in risk management, and you can get profit opportunities with lower margin. Investors can choose the final trading product type according to their financial needs.