A review of the history of international spot gold, the history of spot gold

Updated on Financial 2024-03-14
9 answers
  1. Anonymous users2024-02-06

    Spot ** trading is a kind of contract trading using the principle of capital leverage. According to the international trading standard for margin contracts, the right to buy one hundred ounces of ** is used for one ounce. Use the trading rights of this 100 ounce ** to buy up and sell down, and earn the difference in profit.

    And if you make up the difference, you can withdraw the physical goods**. 100 ounces minimum. Market makers (i.e., the four major international gold firms):

    HSBC Bank of the United Kingdom, Maple Leaf Bank of Canada, Republic Bank of the United States, Rothschild International Investment Bank.

    As early as the Neolithic Age (about 10,000 years ago, 4,000 years ago), humans recognized**. For thousands of years, with such a long history, what kind of attitude has it appeared in front of people, and what kind of function has it been given by people? The class takes you to find the functional evolution of different historical periods.

    Before the 19th century, ** was basically a symbol of wealth and power exclusively owned by the emperor, or owned by the gods, and became a material for worshipping utensils and decorating and protecting the image of the gods. The characteristics of high value, scarce output, high transportation cost and difficult casting make the value of the product very stable, which determines that it has the attribute of acting as a currency. In 1816, Britain promulgated the (Gold Standard Act) and began to implement the "gold standard", which began to be converted into world money, which could be freely minted, freely convertible, and freely exported and imported.

    Until the outbreak of the world war, soaring prices broke the environment in which the gold standard was implemented, and the "gold standard" collapsed. In May 1944, the United States invited representatives of 44 countries participating in the preparation for the establishment of the United Nations to hold a meeting in Bretton Woods, the United States, and signed the "Bretton Woods Agreement", which established the second international monetary system of mankind. In this system, the U.S. dollar is pegged to **, and the United States is obligated to exchange ** at the official price.

    However, the good times did not last long, in the 60s of the 20th century, the United States was mired in the quagmire of the Vietnam War, the fiscal deficit was huge, the dollar began to depreciate, and countries sold their dollars one after another, snapping up **, which caused the United States ** reserves to decrease sharply, the price of gold in London skyrocketed, and the Bretton Woods system gradually collapsed. In 1973, Nixon announced the formal abolition of the dual price system, which meant that the legal process of demonetization in the international monetary system had been completed. Of course, in the actual economic life has not completely withdrawn from the financial field, today's ** is divided into commodity ** and financial**, the state liberalization of ** control not only makes the commodity ** market to develop, but also promotes the rapid development of the financial ** market, ** as a recognized financial asset began to be active in the field of investment.

  2. Anonymous users2024-02-05

    of the trend.

    As of the end of April 2023, the international **** is about $1,900-2,000 per ounce. In the past year, **** has shown large fluctuations. At the beginning of 2022, financial markets took a hit due to the ravages of the pandemic, causing gold prices to soar.

    But then, as the epidemic was brought under control and the economy recovered, the price of gold gradually retreated.

    However, according to market analysis, after 2023, as inflationary pressures increase and global central banks continue to implement loose monetary policies, the trend of ****** will gradually emerge. In addition, with the intensification of global friction and the increase of geopolitical risks, the market demand for safe-haven assets will also increase, which will support the world.

    Global central banks and young people snap up**.

    As the preferred safe-haven asset, global central banks have begun to increase their reserves. According to the International Monetary Fund, in 2019, global central banks added 650 tonnes to their reserves, the highest in 50 years. By the end of December 2020, the total reserves of global central banks reached about 10,000 tons.

    In addition to global central banks, more and more young people are also investing** as a tool for their wealth preservation. According to the statistics of a **** trading platform in the United Kingdom, the world's ** trading volume increased by 15% last year, of which the ** trading volume of young people aged 18 to 24 grew the fastest, reaching 135%.

    From these data, it can be concluded that global central banks and the panic buying behavior of young people bode well for the development potential of the ** market.

    Advantages and disadvantages of the investment.

    **As a safe-haven asset, it has a number of advantages. First of all, **** has lower volatility with other assets, which is conducive to reducing the risk of the entire portfolio. Secondly, **** is closely related to the inflation rate, and when inflation climbs, **** will also **, so as to maintain and increase its value.

    In addition, it can also be used to protect against geopolitical risks and financial market turmoil.

    However, there are some drawbacks to being an investment product. First of all, ** itself does not generate income, and its value only depends on the balance of market demand and hunger for it, so passive income cannot be realized. Secondly, the **** fluctuates greatly, and there may be large losses in the short term, and you need to hold it for a long enough time to stabilize the income.

    Not for everyone.

    Although ** has the characteristics of value preservation and appreciation, it is not suitable for everyone to invest. First of all, the **** volatility is large, and losses may occur in the short term, which requires investors to have enough patience and rationality. Secondly, the relationship between **** and other assets is more complex, and you need to have enough professional knowledge and skills to invest.

    Finally, due to the high investment threshold, it is necessary to have certain financial strength and market experience.

    Summary. The panic buying behavior of central banks and young people around the world bodes well for the development potential of the market. As global economic uncertainty and inflation risks increase, it will be gradual.

    However, investment is not suitable for everyone, and investors need to have sufficient professional knowledge and skills to obtain stable income from it.

  3. Anonymous users2024-02-04

    Hello! Introduction to Spot** Investment.

    Spot ** (also known as international** and London gold) refers to physical delivery, such as gold bars, gold coins, etc. The paper ** 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.

    Stock** - Pros.

    First, the price of gold fluctuates greatly: according to the international market, in accordance with international practice. Due to various international political and economic factors such as a

    USD bPetroleum cCentral Bank Reserves D

    The risk of war, as well as the impact of various contingencies, often put the price of gold in a state of extreme volatility. You can use this difference to buy and sell live**.

    2. Long trading service hours: 24 hours of trading per day, covering the trading hours of major international markets.

    Fourth, the operation is simple: there is no foundation, that is, you will see; It is simpler than **, there is no need to choose how troublesome it is, the analysis and judgment are relatively simple, and the trend of the US dollar is closely related. The whole world is speculating on this kind of **, trading about $3 trillion a day.

    The average dealer can't make waves. In this market, only its own technology is relied upon.

    Fifth, earn more: **rise, you do long, earn; **Fall, you short, also earn! Two-way trading, real **** make money.

    Sixth, the trend is good: speculation in China has just emerged, real estate, foreign exchange, etc. are crazy at the beginning, and ** is no exception. And it's more flexible in both directions.

    7. Strong value preservation: ** It is one of the best value preservation products from ancient times to the present, with great appreciation potential; Now that inflation is intensifying in the world, it will promote the increase in value.

    Hope, thank you!

  4. Anonymous users2024-02-03

    1.Individual investors are not allowed to invest directly abroad** in China. Only QDII can invest abroad**!

    It is illegal for any individual to invest directly abroad**! Now many ** are swaggering and deceiving under the banner of Hong Kong gold, London gold, American gold, and New York gold! In fact, your money is not to open an account with a third-party depository at all, but directly remitted to their ** company!!

    2.High leverage is also not allowed, and there is a national formal ** exchange in the mainland of the mainland! It's called "Shanghai ** Exchange". It clearly states that it is impossible to leverage more than 20 times. Like they stipulate 100 times, 1000 times that is a private bet.

    3.If you want to speculate, you can go to the Industrial and Commercial Bank of China to open an account au(T+D) **** **Deferred business. For details, please consult the wealth manager or relevant staff of ICBC.

    4.Spot**, you can see it on the latest version of Tongdaxin software, pay attention to don't**fake**Tongdaxin software, and don't go to **unknown "professional**Forex" analysis software, because most of them are toxic and informal! The specific operation is entered in the Tongdaxin software".

    613" Carriage Return.

    5.Speaking of which, some people may ask: The spot ** is the ** point, and the ** announced by the Shanghai ** Exchange ** is 294 points?

    Because the international unit is the dollar ounce, while the Chinese unit is the yuan gram.

    6.Finally, a few key points: ICBC can open an account for AU (T+D).

    Shanghai ** Exchange is a formal ** trading platform in China.

    **Please convert the points according to the above formula.

  5. Anonymous users2024-02-02

    Hello, the domestic are all **business, not necessarily **, that is because we do not have **spot in China, are foreign account opening, the nearest is also Hong Kong, I do Hong Kong, online and company direct account opening, free, choose the company is related to your profit and loss.

    Choose a more formal and powerful company.

  6. Anonymous users2024-02-01

    Are you still interested in China now? China's legal system is so imperfect. I advise you to do it as a foreign platform...

  7. Anonymous users2024-01-31

    International spot** is a financial product that can be bought up and down in the T+0 trading mode, so this provides us with extremely flexible operability for trading. After being familiar with the characteristics of a product, you can operate effectively and completely. **The biggest feature of investment is that long and short two-way, margin trading.

    Then to make a profit through trading, you need to understand its essence, sell high and slag, and make reasonable use of funds.

    It is also a kind of electronic disk trading as the operation mode, with first-class products as the core of trading, with bank custody funds as a security guarantee, and with fast progress

    Exit profit is a financial product for the purpose of tradingBased on our company's five years of experience in the analysis and guidance of the market, successful investment = strict mentality control + correct capital management + excellent technical skills

  8. Anonymous users2024-01-30

    1) Spot gold is also known as London gold, London gold is not a kind of gold market, but a margin trading method. Named for its origins in London, London gold is often referred to as European-style trading. Represented by the London and Zurich markets.

    The investor's trading transaction record is only reflected in the "** passbook account" opened in advance by the individual, and there is no need to withdraw the physical gold, so as to save the first steps of transportation, storage, inspection, appraisal and other steps, and the difference between the ** price and the selling price is less than the difference between the real gold buying and selling. It has a history of more than 300 years in the international market, and is the most popular investment method in the market, widely sought after by investors and speculators. That is, what we usually call spot**.

    2) Find out what it deals with(a)**Method: USD ounces(2) Trading unit:

    100 oz. lot(3) Transaction method: two-way T+0,(4) Trading mechanism: Transaction at any time(5) Financial guarantee:

    Bank third-party depository(6) Trading day: No fixed term

    (8) Risk control: Take profit and stop loss can be set, and there is no limit on the amplitude of fluctuations

    (9) Suitable for people: all kinds of people who pursue high risk and high returns

  9. Anonymous users2024-01-29

    Spot** (also known as international** and London gold) is a spot transaction, which means that it is delivered after the transaction is completed or within a few days. It is also commonly referred to as the world's largest spot**. Because the daily trading volume of spot ** is huge, the daily trading volume is about 20 trillion US dollars.

    Therefore, no consortium or institution can think that it is completely dependent on the market to regulate such a huge market. There is no market maker in the spot market, the market is standardized, the self-discipline is strong, and the laws and regulations are sound.

    Spot ** Advantages:

    1.T + O (Just-in-Time, Time-to-Buy) (Anytime Buy-and-Sell).

    2.Leverage**: Can be big or small. You can do more or less.

    3.The risk can be controlled: you can place stop-loss and take-profit orders in advance.

    4.Two-way operation: you can buy up, or you can buy down.

    5.There is no limit limit, and there is no limit limit.

    6.One account can place buy and sell orders at the same time.

    7.High utilization rate of funds (100 times magnification).

    8.Cash in and out, no credit, quality and other problems.

    9.Fast withdrawal of funds: notify today, and you can withdraw tomorrow (within 24 hours on working days).

    10.The operation is not limited by time, place and region.

    11.Anyone can do it.

    12.It has both the function of stock and the characteristics of **.

    13.Long, ** are acceptable.

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Go long and short.