How to Buy and Sell Spot Gold How to Buy Spot Gold

2) Contract unit: One lot of contract is 100 ounces, and the margin of each lot is 1,000 US dollars.

3) Trading unit: The minimum trading unit of spot** is 1 contract (one lot).

4) Account opening standard: The minimum deposit for opening an account is 50,000 yuan.

5) Transaction fee: handling fee, $70 per lot.

6) Trading method: Spot trading allows short selling mechanism, that is, you can sell the contract first, or you can sell the contract first when there is no contract in the investor's hand, and then close the position with the appropriate contract, that is, in the process of ******, you can also make a profit.

7) Trading system: Spot ** trading implements the T+O system, and there is no limit on the price limit. There is no delivery period. Do spot**, because you can't go to London, so generally use ** entrustment and online trading two ways, I recommend online trading is simpler.

Trading Methods. In spot trading, buying and selling is done on a fixed basis, and it must be stated where the money is settled, deposited or withdrawn, the account from which the money is debited or credited, and the currency in which it is predominant.

Take the Zurich** market as an example to illustrate how spot trading works. The most common ** in Zurich is presented in the form of dollars per ounce, or Swiss francs per kilogram. **and other tangible transactions can be carried out over the counter at a bank or by means of delivery by a transport company.

If you want to ship abroad, all shipping costs, insurance premiums, import duties and taxes must be borne by the customer.

It is best to go through the formal channels of the People's Bank of China.

The most important thing in spot trading is to choose a formal spot trading platform, and there are many formal spot trading dealers in China, Hong Kong gold and silver industry class A and class C members all support spot trading services, of which class A is the highest level of membership platform, investors can choose one of them to open an account and deposit investment transactions, after the account is successfully opened and deposited, you can start spot trading operations.

In addition, after opening a virtual trading account on the regular spot ** trading platform and receiving virtual trading funds, you can also conduct spot ** trading, but the funds involved are virtual.

Spot** trading process.

1.Account. Opening an account is the first step for people to participate in the spot market, mainly in the market to choose a formal trading platform as a carrier to help themselves integrate into the international spot market, through opening an account on the platform, after obtaining their own trading account and password, they have the qualification to invest in trading.

As long as people choose a formal investment platform, they can get their own spot trading account for free, and the investment account opening is free.

2.Demo trading. When you just get your own trading account, people tend to make use of the simulated trading system provided by the platform to increase their awareness and understanding of the rules of market trading.

Since in a simulated trading account, people are in a virtual investment environment and do not need to inject real trading funds, so there is no need to invest any money in a simulated investment trading environment.

3.Real Investment Trading. There are several aspects that need special attention in the real operation process, because these contents are related to people's investment and real profits.

Capitalization. In the real trading account of spot**, people need real deposits to be able to get real investment profits, and usually use lots as the investment unit of spot**. Although it is expensive, people can bear less investment costs under the effect of margin leverage, such as the margin required for a lot of spot investment is about 5,000 US dollars, which greatly reduces people's economic pressure.

Hold a position overnight. According to the different directions that traders choose to open positions, the standard of overnight interest fees charged is also different, **The overnight interest rate for opening a position is and the overnight interest rate for selling a position is is. The formula for calculating the overnight fee is:

The closing price of the day Contract Units Lots Interest Rate (1 360).

Spread fees. According to the general standard of the spot ** trading market, the standard spread of spot ** is US dollars, that is, the spread fee for people to trade 1 lot of spot ** is about 50 US dollars.

The details are as follows:1Start by choosing the type of investment that's right for you.

Transactions do not specifically refer to a kind of transactions, including physical goods, spot, paper, paper, investment, and other types of investment, different types of investment products, returns and risks are different.

2.Secondly, choose a formal investment platform. Shanghai ** Exchange is the only national market legally engaged in ** trading in China, Hong Kong gold and silver ** market, is Hong Kong gold and silver and other *** trading venues, since its establishment in 1910, gradually from a regional ** trading market to an international market.

When investors choose a trading platform, they can choose from the membership platform of the Shanghai Stock Exchange or the ** market. In addition, only Class A and Class C members provide spot trading services. Hong Kong gold and silver industry ** class AA members are the highest level, such as Jinrong China, both in terms of platform security and service, in the market has a great advantage.

3.Problems to pay attention to when opening an account again. In the above-mentioned formal trading platform, according to their choice of trading varieties, risk tolerance, trading schedule, transaction costs and other factors to choose the appropriate platform to open an account, ** trading account opening is free.

4.The time of the transaction. There are some differences in the trading hours of different categories of **products, such as spot ** is the most flexible trading time of all ** types of products, which can be traded 24 hours a day, and the Asian region has a great advantage in the best trading time, and the market ** fluctuates the most from 8 o'clock to 12 o'clock in the evening.

Extended Information:1Novices should pay special attention to the problem of account funds when buying ** spot, no matter how much or less the principal is, when entering the market, they must maintain a light position, which can not only reduce losses, but also improve the accuracy of market analysis with less psychological pressure. If you want to increase your position, you must establish the premise of having a greater grasp of the trend, and you must always not exceed your own tolerance range, and always reserve sufficient principal to effectively resist possible risks.

"First of all, we must understand the market, and secondly, we must understand what factors have an impact on the market, important data, institutional position reports, and technical thinking. Spot is a spot transaction, generally not delivered, no rise and fall, every day global investors participate, which is very different from **, ** are national and regional nature; Risk aversion will be fueled, and trading methods can be light and replenished, heavy positions and less profits, etc., the latter has extremely high requirements for traders. ”

Extended information: 1. Spot refers to physical delivery, such as gold bars, gold coins, etc. The spot ** is only a virtual book transaction, and there is no physical delivery.

Reflect on your passbook that you have a few grams**, which is just a bookkeeping symbol and cannot withdraw the physical object**. It simply earns the difference by buying and selling. The former can maintain and increase its value, but it will take time.

If you are afraid that it is not safe to keep gold bars at home, you can go to the bank to rent a safe. The latter, because it does not involve physical objects, there are no potential safety hazards, but it should also be grasped and accurate when trading.

2. Spot** (also known as international spot** and London gold) is a spot transaction, which refers to delivery or delivery within a few days after the transaction is concluded. Spot ** is an international investment product, by the establishment of a trading platform by the company, in the form of leverage to the market maker for online trading transactions, the formation of investment and financial projects depends on the specifications of the spot, investment gold bars, gold coins, gold bricks, etc., from a few grams to a few kilograms on the market, the smaller the specification, the lower the threshold, but the processing fee for small size products will be relatively more.

3. Investment period.

24 hours a day real-time**, **with international transparency, no investment period, no bookmaker.

Fourth, return on investment.

Since 2008, global inflation has accelerated the price of gold, and the RMB has continued against the US dollar.