What is the relationship between paper gold and physical gold? Are the pricing of domestic gold follow London?
3 thoughts on “How is the price of paper gold determined?”
Leave a Comment
You must be logged in to post a comment.
What is the relationship between paper gold and physical gold? Are the pricing of domestic gold follow London?
You must be logged in to post a comment.
---------------------------- Hello, the price of paper gold is determined in China, according to the international market gold middle price, Through the difference or converting points of addition or subtraction, the same price is the same as the price of the real gold. Paper gold is domestic, and the price is based on domestic, but the domestic price trend is mainly based on international prices. There are several types of gold speculation. There are physical gold and paper gold in the bank. Investment, but the two can only buy up and cannot buy or fall. The real gold realization is more troublesome, and the cost and cost of paper gold are higher. In addition, there are domestic gold futures, as well as Shanghai's T D, but the development of international futures is not sound, and many operations are not flexible. The most advantageous investment products in the world are London Gold, 24 -hour bilateral transactions, T 0, 1 to 100 leverage, and 0.1 hand -operated operations, investment can also be small funds.资金安全，有模拟操作平台可提供模拟操作----------------------,本人接触黄金3年多时间，有兴趣加我，多探讨， study Exchange
Global gold is a price, but who is based on who is based on who? To put it simply, London Gold is the price that is watching all over the world. The pricing of the Shanghai Gold Exchange follows London Gold. The price of domestic paper gold and various gold investment varieties are based on the Shanghai Gold Exchange. Prices come. However, the pricing of some brand jewelery gold is priced by the merchant, but the overall trend is closely linked.
According to the middle price of gold in the international market, through the difference or converted by the addition or subtraction point, the following quotation is generated:
Gold (gram)/RMB trading quotation: the intermediate price of the international gold market XAU (ounce/dollar) is based on "gram/ounce" according to "gram/ounce" The conversion ratio of "USD/RMB" is converted and the corresponding point is poor. Among them, the conversion of grams/ounces: 1 gram = 0.0321507 ounces; 1 ounce = 31.10352 grams
Gold (ounce)/USD trading quotation: directly quoting the intermediate price of the international gold market XAU (ounce/USD), the corresponding and subtracted corresponding corresponding corresponding corresponding to the corresponding and subtraction corresponding Points difference. The quotation of gold (ounce)/USD implements one -price banknote and foreign quotation.