Paper gold is a product with low capital utilization rate and high transaction cost, so once it is operated frequently for a short period of time, it will have relatively high risks.
Because the return on investment of paper gold is relatively low, it can only exist as an ultra-long line hedging tool.
Therefore, there are a small number of paper gold traders in our group, who usually look for key prices and opportunities on the weekly or daily lines, and then step in and hold them for 1 to 5 years.
Personally, I still think that holding the handling fee is actually risky.