The calculation formula of funds needed to buy Shanghai gold futures is = the margin ratio of Shanghai gold price and marketing unit, and its marketing unit is per lot 1000g. Therefore, the funds required for investors to buy Shanghai gold in one hand are not static, and will change with the changes of market price and margin ratio. When the market price is high and the margin ratio is large, investors need more funds to buy Shanghai gold in one hand, and when the market price is low, the margin ratio is high.
For example, the price of Shanghai Gold on the 23rd is 342 yuan, and the margin ratio of investors is 10%. The capital needed to buy Shanghai gold here is 342100010% = 34,200 yuan, and the trend of Shanghai gold is relatively strong. If the market price rises to 358 yuan on the 24th, investors will buy one hand at this time.
It was also a one-handed purchase, because the market price on 24th was higher than that on 23rd 16, which caused investors to spend more 1600 yuan.
At the same time, it should be noted that Shanghai gold futures are risky and there is a forced liquidation. After investors buy Shanghai gold, they can set a stop loss to reduce the losses caused by the rapid fluctuation of market prices.
Investment is risky, so be cautious when entering the market.