What is the unit of gold in foreign exchange? Is it an ounce?
It's an ounce, 1 ounce = 31.1035g, and now gold is 924.4 USD/ounce = 203.04 RMB/gram. Have you ever heard of "playing with antiques in prosperous times and hiding gold in troubled times"? Gold has always been the world's hard currency. ETF (English abbreviation for Exchange-traded Fund) has expanded the gold reserve, and gold will be a rising market. It is good to preserve and increase the value of gold as a product, but there are many kinds of gold, such as paper gold, spot gold, physical gold, AU T+D and gold futures. Gold jewelry is a commodity, which has commodity attributes and does not belong to investment goods. Spot gold investment consultants enthusiastically answer your questions! I'll teach you if you want to do it ~