Is there really $20 trillion in gold day trading volume in London?

Yes, the daily trading volume of London gold is about $20 trillion. Spot gold (also known as international spot gold and London gold) is a spot transaction, that is, it is delivered within a few days after the transaction is completed.

Spot gold is an international investment product, which is an investment and financial management project formed by gold companies establishing trading platforms and conducting online transactions with market traders in the form of leverage ratio. It is often called spot gold and is the largest stock in the world.

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