1 Paper gold refers to the paper trading of gold, and the trading records of investors are only reflected in the "gold passbook account" opened by individuals in advance, which does not involve the withdrawal of physical gold. The profit model is to buy low and sell high, so as to obtain the difference profit. Compared with physical gold, its transaction is more convenient and faster, and the transaction cost is relatively low, which is suitable for short-term operation of professional investors. At present, three domestic banks have started paper gold business, namely Huang Jinbao of China Bank, gold experts of China Industrial and Commercial Bank and account gold of China Construction Bank.

Features: 1 Using paper gold trading in the gold market can save storage fees, storage fees, insurance fees, appraisal fees, transportation fees and other expenses, reduce the extra cost of gold prices, and improve the competitiveness of gold merchants in the market.

2. Paper gold trading can speed up the circulation of gold and improve the trading speed in the gold market.

2

Gold futures are futures. Just as stock investment needs to open an account in a securities company, gold futures trading needs to be futures account in a futures company.

First of all, gold futures trading adopts a long-short two-way trading mechanism.

Secondly, the gold futures trading meets the national standard GB/T4 134-2003, and the gold ingot with a gold content of not less than 99.95% is 300 grams per lot.

Third, with the implementation of stock investment.

T+ 1 trading The difference is that gold futures are T+0 trading, that is, they can be sold on the day of buying.

three

Spot gold refers to physical delivery, such as gold bars and coins. Paper gold is only a virtual book transaction and there is no physical delivery. How many grams of gold are there in your passbook? It's just a bookkeeping symbol, and you can't extract physical gold. It just earns the difference by buying and selling.

The former can preserve and increase value, but it takes time. I'm afraid it's not safe to keep gold bars at home. I can rent a safe in the bank. Because the latter does not involve physical objects, there is no potential safety hazard, but it is also necessary to grasp the market when trading.