Hong Kong gold refers to spot gold, also known as international gold. It is a virtual book transaction, usually delivered on the same day or within a few days after the transaction is completed. It has the characteristics of standardized market, strong self-discipline and sound laws and regulations. Spot gold is the largest stock in the world and an internal global hard currency. It is immortal for thousands of years, so the value of spot gold is eternal regardless of natural disasters and man-made disasters.

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.

Introduction of Hong Kong Gold Market

The gold market in Hong Kong has a history of nearly a hundred years. The time difference in the Hong Kong gold market just filled the gap between the closing of new york and Chicago and the opening of London, thus forming a complete world gold market with the latter in trading time. Hong Kong's superior geographical conditions have attracted the attention of European gold merchants, and five major gold merchants in London and three major banks in Switzerland have set up branches here.

There are three gold markets in Hong Kong: first, the local "two Jin" market, with "two Jin" as the unit, with more Chinese participation; Second, the "London gold trading in Hong Kong" market is an overseas investor market, that is, "trading in Hong Kong and delivery in London", and there is no fixed trading place, mainly to fill the time difference gap; The third is the gold futures market. The four major gold markets in the world are London, Zurich, new york and China.