Is physical gold trading or gold spot trading easy to make money?

Gold is an investment transaction with a long history. Since ancient times, physical gold has been a symbol of wealth, so until modern times, many people still do physical gold trading.

However, due to the development of modern technology, gold trading has spawned many varieties, including the most popular gold spot trading. So is it now easier to make money in physical gold trading or gold spot trading?

Gold is relatively old and complicated

Now if you want to do physical gold trading, you generally have to go to the bank. Physical gold trading is a full amount transaction and a one-way transaction. Investors need to pay the full amount of money when buying physical gold. This is an older transaction method.

Because of this, the price of gold will change more slowly, and investors may need to hold positions for a longer period of time until the price of gold rises before it is sold. Not only that, physical gold transactions will be accompanied by complicated procedures such as acceptance, delivery, and storage, and their procedures will also affect the profitability of the transaction.

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Gold spot is more flexible and convenient

Compared to physical gold trading, the now popular spot gold trading is much more flexible and convenient. It is an electronic transaction, which completes such instant buying and selling instantly through the Internet, and makes a profit on the difference between buying and selling.

In addition, gold spot trading is a kind of margin trading. Investors only need to submit a margin to use 100 times leverage to enter the market for two-way trading, and the time of entry and exit is not limited.

Coupled with the fierce market conditions, profit opportunities are prone to appear. There are also ways for investors to control transaction fees and risks, such as using a micro spread account and a price limit platform.

In general, spot gold transactions are significantly more flexible and convenient, and have more profit opportunities than physical gold transactions, which are more cliché and complicated.