Foreign exchange gold is a general term for foreign exchange and gold, because in the financial investment market, foreign exchange and gold are often the most relevant, so people are used to mentioning gold and foreign exchange side by side. Gold in kind means buying a lot of gold and waiting for appreciation. If it falls, there will be no profit and it will take up a lot of money. With the improvement of people's economic ability and financial knowledge, the one-way profit-making stock market can no longer meet the financial needs of investors, and more and more people turn to the gold foreign exchange market with more operating space and investment value.
Overseas gold trading is relative to domestic spot and futures gold trading denominated in RMB, and overseas spot and futures gold trading denominated in foreign currency is collectively referred to as overseas gold trading. In addition to China's gold trading in grams, the Asian gold trading market is also mainly in grams, such as Japanese gold in Tokyo (denominated in yen); However, the gold transaction in Hong Kong is quite special, and its 99 gold is in China's traditional two units (HK$ price). However, in the international gold trading market, there are still London gold and new york gold futures, which are priced in US dollars and are based on traditional western ounces. The external gold we describe here generally refers to the above two kinds of gold transactions (especially deferred transactions including its electronic disk), in which London gold is spot gold (which can be postponed indefinitely) and Commex new york gold is futures gold; London gold trading is the most important gold trading variety in Europe and even in the world. New york futures gold is the main trading variety in North America and even in the world, which basically fluctuates around London spot gold. However, because it is futures gold, the fluctuation range of its forward contract is often greater than that of London gold.