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What are the characteristics of London gold trading?

Post Time:2020-01-10 17:20:04  By:BG

  What are the characteristics of London gold trading? Many novices in the industry have this question. In fact, the London gold transaction is simply a contract transaction that uses the principle of leverage to buy and sell. If you use the price of one ounce of gold, you can buy a transaction. The power of 100 ounces of gold. If you use the trading power of gold to make a profit transaction from it and buy the price fluctuations of gold, you can earn the profit from the price fluctuations. If you make up the difference, you can also make gold truly meaningful. On the acquisition.

  London Gold has the following characteristics:
  1. London gold is generally priced in US dollars and measured in British ounces. One ounce equals 31.1035 grams. The minimum transaction volume is one lot / one contract, and one lot is 100 ounces, which is equivalent to about three kilograms of gold. So London gold trading is very cost-effective, as long as the right approach can bring huge benefits.
  2.London Gold uses the principle of low investment, high return, and high capital utilization. It leverages the effect of amplification to make it small. London gold trading is like a gamble. As long as you are familiar with it and understand the London gold trading system, you can complete the real big and small.
  3. London gold transactions can be traded in both directions. There is such a short selling mechanism. This mechanism is highly operable and requires the operator to have a very professional and sensitive consciousness, because it can buy up as well as buy down. The price of gold fluctuates steadily, but no matter the outcome of the change is good or bad, there are opportunities to obtain profits. You only need to carefully watch the market changes and watch them change at all times to get the initiative on this transaction. right. If you find a mistake in judgment, you don't need to panic. You only need to operate the gold you bought immediately to recover the losses to the greatest extent.
  4. The trading time of London Gold is 24 hours a day, because the global market network is linked and the trading is continuous from Monday to Friday. In this way, the longer the trading time, the more opportunities for investment profit will naturally be.
  5. London's gold market is not limited to China. It has expanded to the global scale a few years ago. The most attractive place is that transactions are very active. Even in normal times, the total daily global gold transaction amount can reach 20 trillion. The U.S. dollar and no one can manipulate it to ensure the fairness and transparency of the market to the greatest extent. This also means that the security of all London gold traders can be guaranteed, and there is no need to worry too much. The end of the blood.
  The above are the general characteristics of the London gold transaction. These are only the rough skins of some London gold transactions. The specific situation requires everyone to understand and experience after entering the market. As long as you are down to earth, you can obtain benefits.

BGNote: all opinions, news, research, analysis, prices or other data in this article are for general market commentary only and do not constitute investment advice. This site will not bear any loss or damage that may be caused by the direct or indirect use or reliance on the above data, including but not limited to any profit loss. All investments involve some degree of risk.