What are the advantages of spot gold and where?

Spot gold is a contract transaction that uses the principle of capital leverage. Trading, but only close the position to earn a spread profit.

Spot gold transactions use the US dollar as the currency unit and the ounce as the contract unit, and the price changes with the market. So, what are the advantages of spot gold?

1. Spot gold changes fast. Compared with stocks that only change one candle per day or have not seen a change rate for a few months, gold changes much faster, usually fluctuating by 10% or even 20% in one night or a few hours.

2. The value of gold is indelible and cannot grow rapidly in a short period of time. Gold is first of all commodities, followed by precious metal commodities with actual value, so its value can never be reduced to 0, because he is a real precious metal commodity, so in a short period of time (such as hours, days, etc.) Times.

3. The value of gold is guaranteed to a certain extent. After all, gold mining is still very difficult. Features such as labor costs and limited ore resources.

Therefore, the value of gold can be guaranteed to a certain extent, but compared with gold, the mining cost is high and the ore resources are very limited. Therefore, the value of gold can only be guaranteed to a certain extent. may.

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4. Gold is a commodity with practical value. In many industrial fields, gold has many industrial uses. This is somewhat similar to the feeling of futures. Therefore, the value of gold is unlikely to fall to the same level as steel and white iron.

5. The spot gold plate is an international sector and is difficult to manipulate. Gold is very similar to gold oil. It belongs to the international sector and changes as the international environment changes.

Compared with stocks, in the international environment, the interests of companies or interest groups or similar small and medium investors are difficult to manipulate. Gold traders are basically equal.

6. Spot gold uses margin trading, the transaction scale is small and extensive, and the threshold is greatly reduced; two-way trading, no bear market bull market, profit and loss can be profitable; 24-hour continuous trading, you can grasp the market in the US market and avoid overnight single risk; 0 mode, through trading, you can trade several times a day.

7. The best hedging tool can prevent inflation and can maintain value forever. The rising inflation rate has led the country to tend to contract sharply, which has caused huge losses to investors ’personal property that is mainly deposit-based.

On the contrary, gold itself has preservation value as currency. Gold has become the best hedging tool for people's property.

8. The only variety, simple operation, low transaction cost and no tax burden. The gold variety is single and the operation is simple. Selecting stocks from thousands of stocks every day is time-consuming and laborious.

Compared with the relatively high domestic stock stamp duty and commission, international gold does not require any taxes. Greatly reduce the transaction costs you bear. Really save you money and make money.

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