The difference between gold spot and futures

There are many types of gold investment, such as paper gold, physical gold, gold futures, and spot gold. In comparison, the capital investment of the first two is very large, but the profits are not very obvious. What is the difference between gold spot and futures? There are many types of gold investment, such as paper gold, physical gold, gold futures, and spot gold. In comparison, the capital investment of the first two is very large, but the profits are not very obvious. What is the difference between gold spot and futures? 1. Futures is a contract that must be fulfilled in the future, and the delivery time must be determined; spot gold is traded 24 hours at any time 2. Domestic futures is a regional market; gold is an international market 3. From the perspective of trading time, futures trading is 4 hours; 24 hours for gold. 4. Market makers are different from exchanges: futures trading is generally a centralized matchmaking transaction on a futures exchange; there is no centralized matchmaking transaction for spot gold. 5. Futures are traded on the exchange. The price of spot gold is formed by centralized bidding; the price of spot gold is quoted by the gold market maker. 6. From the perspective of whether the transaction object is specific, the futures transaction object is not specific, and any one of the exchanges makes an investment in the opposite direction. Anyone may be his trading object; the trading object of spot gold is the fixed difference between gold market maker gold spot and futures. Spot gold is better than gold futures in terms of the rules of the game. Moreover, spot gold is an international transaction. It has a history of hundreds of years. Previous: What are the misunderstandings of gold investment Next: How to be a qualified bridesmaid