Physical gold is mainly aimed at gold derivatives. According to whether it is legally issued by the state, it is mainly divided into gold coin physical gold and non-gold coin physical gold. General gold coin refers to the casting gold coin that has been certified by the state, based on gold, cast into certain specifications and shapes according to the specified fineness and weight, and marked with its currency face value. The issuance of non-gold coins in kind does not require the approval of the central bank, so it has strong purchase value.

2.gold T+D

Refers to the standardized contract made by Shanghai Gold Exchange, which stipulates that a certain number of subject matter will be delivered at a specific time and place in the future. In T+D, "t" is the initials of Trade and "d" is the initials of Delay. This kind of transaction is conducted by producers and operators who transfer the risk of price fluctuation and venture investors who bear the price risk and make profits, and fair competition is conducted in the exchange according to law.

3. Paper gold

It is a personal voucher. Investors buy and sell "virtual" gold on the books according to the bank quotation. Individuals earn the fluctuating price difference of gold by grasping the trend of international gold price. Investors' transaction records are only reflected in the "gold passbook account" opened by individuals in advance, and there is no cash withdrawal and delivery of real money and silver.

4. Spot gold

Also known as international spot gold and London gold trading, it is a spot transaction, which refers to delivery within a few days after the transaction is completed. Spot gold is an international investment product. Gold companies set up a trading platform to conduct online transactions with market makers in the form of leverage ratio, forming an investment and financial management project.

5. Gold futures

Also known as "gold futures contract", futures contracts with gold as the trading object, like general futures contracts, also include trading unit, quality grade, term, final maturity date, quotation method, delivery method, minimum price change range, daily price change limit and so on.

The above are the main gold investment varieties that people need to participate in the gold investment exchange, and they need to choose on the basis of full cognition and understanding.