Gold is traded in a variety of ways, from spot trading, to futures trading, to forward trading, and gold is a good option for beating inflation as a hedging tool. How does gold trade? Let’s learn more about it together next.
First, the spot trading of gold can be done through the major online banks, and usually when you enter the online banking, the interface will have a section on investment and finance, which includes gold, such as spot gold, T+D futures gold, which are regular, but the fees are higher. Second, you can also download the gold-related investment app, but the record must be compliant, must be recognized by the Shanghai Gold Exchange, there are many online, you can look for,.
Third, you can also look for the MT4 software related to forex trading, which usually has gold futures in it, but you have to pay attention to the risk of trading this kind of futures software, because the leverage is usually very high, and if you are not careful, you can blow up your position, and if you blow up your position, you will lose a lot of money.
Fourth, you can also go to the bank counter to buy paper gold and physical gold, but the commission to buy in the bank is quite high, gold in the New Year usually have a wave of pull up, to buy, I mind buying around February, you can do a phase of arbitrage is also good. Fifth, there is also to go to those gold stores to buy, gold stores to buy gold directly, buy the physical to take home to save, later as long as the price of gold rose, you can take out to sell, gold investment is a long-term investment, there is nothing to do in the short term, if you really want to pulse gold, you have to be prepared for a long-term war. Luxury,