Loco-London gold is also called gold spot, as the name implies. Compared with futures, due delivery has no time limit and the risk is relatively small. Naturally, the difference between the two is obvious. London gold trading 24 hours a day, its quotation is international quotation, that is, USD quotation, and the leverage is 100 times.

Domestic gold futures are mainly the gold futures of Shanghai Gold Exchange. The first is the domestic gold investment variety, so the quotation is RMB. Moreover, its trading hours are discontinuous, only four hours a day, so there are often gaps. Finally, the leverage of domestic gold futures is about 10 times, which is far less than London gold. Therefore, futures are generally large funds, hundreds of thousands of millions of RMB, and London gold can invest at least 10 thousand RMB.