Gold is not foreign exchange, gold is an international currency, and foreign exchange is a payment voucher for international settlement expressed in foreign currency.

As a precious metal, gold can be stored in anticipation of appreciation and gains. It can also be traded as a wealth management product. At present, the financial management methods of gold include gold spot, gold futures and paper gold. From the point of view of metal, it can also be used in the industrial field.

Foreign exchange speculation is similar to spot gold trading.