I'm Chen, a certified international financial analyst, and my online business card is Step into Jinxin.

The business of paper gold bank refers to the paper trading of gold. Investors' transaction records are only reflected in the "gold passbook account" opened by individuals in advance, and do 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, ordinary domestic commercial banks have opened paper gold business, including Huang Jinbao of China Bank, gold experts of China Industrial and Commercial Bank, and account gold of China Construction Bank. At present, ICBC's paper gold can be bought, the first choice.

Paper gold is traded 24 hours T+0, and can be bought and sold on the same day. The handling fee is generally unilateral 0.4 yuan/gram. At present, domestic banks will make money by buying paper gold and holding it for a long time. But it's easy to get caught.

stock

I won't go into details. Anyway, stock manipulation is too serious, and individuals don't like to invest in stocks (for reference only)

For stocks, the trading mode is T+ 1, and the trading time is not free.

Thank you. I hope it helps you.

You can ask me if you don't understand anything.