Punch in the ICBC APP, select "Investment and Wealth Management"-"Precious Metals", and click on "RMB Account Gold" variety (there are many varieties to choose from, you can try them all if you are interested, but Bian Xiao has only tried gold). On the paper gold trading page, the default is "buy first and then sell" to make multiple options. Click the "real-time" button at the bottom to buy at the current real-time price, and the buying price is "bank selling price". The default transaction type is "Buy and Open". Enter the transaction quantity and click Next to confirm the purchase. If you are not satisfied with the current purchase price, you can wait until the price of gold drops to the price set by your pending order. On the gold trading page just now, click on the "pending order" at the bottom, you can choose the validity period (time) of the pending order, set a price you want to buy (this price needs to be lower than the current gold price), and set the quantity you want to buy. (You can freely choose whether to remind pending orders and add pending orders after the transaction). Click Next to confirm. When the gold price is lower than or equal to the purchase price you set, it will automatically buy at the price you set. When the gold you buy has a certain profit (the profit or loss range needs to be grasped by yourself), you want to sell it, which is the same as buying it. When you are in the status of "real-time" or "pending order", just select "sell". This page will show how much gold you can sell, and you can choose any gram to sell within this amount.
All banks call paper gold trading free. In fact, our users still have to charge, which is reflected in the gap between buying and selling. In the previous transaction introduction, we can see that our users buy according to "ICBC's selling price" and sell according to "ICBC's buying price". The difference between ICBC's real-time buying price and selling price is 0.4. This 0.4 can be regarded as a handling fee. That is, if you buy 269.37, you can only sell 268.97 immediately. Therefore, to make money, the price of gold must rise by more than 0.4. In fact, you can also directly look at the "middle price", which can be regarded as a real-time price. Suppose the real-time median price is 269. 17, then users need to buy +0.2 on the basis of this price, which is 269.37. And if you sell it, you need to be -0.2 on the basis of this price, which is 268.97. The total price difference of 0.4 can be directly understood as the handling fee of 0.4 yuan/gram, and can also be understood as the handling fee of 0.2 yuan/gram. Therefore, if gold trading wants to make money, once it is bought or sold, it needs the rise and fall of gold in 0.4 yuan to make money.