Hedging refers to a kind of trading method that makes opposite transactions in the spot market and the futures market at the same time to achieve the purpose of hedging the spot. The specific way is to buy or sell some gold wealth management products in the spot market, and at the same time do a futures transaction with the same variety, quantity and term as the spot transaction, but in the opposite direction, in order to offset the losses in another market with the profits in one market at some time in the future, so as to avoid the risks brought by spot price changes, ensure normal production profits, and give up the risks and profits brought by spot price fluctuations.