ICBC also needs a handling fee for paper gold transactions, which is different from the traditional charging a few percent of the transaction amount. Take ICBC's paper gold as an example. The transaction fee adds up to one gram of 0.8 yuan. Combined with the current price of about 190 RMB per gram of gold, the current handling fee of paper gold is 0.42%, which is far lower than that of stocks and funds. And this ratio will decrease with the increase of gold price. Suppose you sell 10g paper gold on 190. Your handling fee is eight, and the rate is equivalent to 0.42%. When selling in 200 yuan, your handling fee is still 8 yuan, and the rate is reduced to 0.4%. In other words, the higher the gold price, the lower the rate, the more profits and the lower the rate.

"Paper gold" refers to the paper trading of gold. Investors' transaction records are only reflected in the "gold account" opened by individuals in the bank, and there is no need to withdraw physical gold bars, thus eliminating the steps of transportation, storage, inspection and identification of gold. The difference between the buying price and selling price of paper gold is smaller than that of gold bars.