Short selling is an investment term of stock and futures, and it is also an operation mode of stock and futures market. It is the antonym of "do more". Theoretically, it is to borrow goods to sell first and then buy them back. Now gold can also be shorted, such as paper gold and gold futures, and the operating principle is the same as that of stocks and futures.

Short selling gold means selling gold first and then buying it. For example, gold rises to a high level, and you predict that it will come down. At this time, you can sell the contract first and wait until the low position to buy back gold. If the price of gold falls, you can buy back the gold sold at a high price at a low price and earn the difference. Of course, if the price of gold goes up, you need to pay a higher price to buy back the gold you sold, resulting in a loss.

How to short gold?

Three tools for shorting gold: paper gold, gold T+D and gold futures.

Compared with silly buying physical gold, paper gold, gold T+D and gold futures are more attractive. In addition to the "T+D" trading mechanism, contracts can be delivered on the same day, and there is also a short-selling mechanism without additional thresholds. In fact, there is no additional threshold for paper gold shorting and gold T+D and gold futures shorting. There is no difference between trading operations and long positions. Through trading software, web pages and other means, the transaction can be realized with a click of the mouse.

Paper gold is a kind of gold traded by banks, and investors buy and sell "virtual gold" according to bank quotations. Like gold futures, the trading results are only reflected in the trading account, and there is no physical gold extraction and delivery. And gold T+D can generally be delivered in kind. In addition, the specific details of paper gold, gold T+D and gold futures are quite different.