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What is the foreign exchange gold 1 point?
Generally speaking, in gold trading, 0. 1 is called a point, and the trading spread is generally 5 points. The spread refers to the difference between the buying price and the selling price, and it is also one of your main transaction costs. For example, the current price of gold is1497.438+0/1497.6, and this price difference is the price difference, of which 6548. When you ask how much gold a point is equal to, this point 1 is usually called "point value", and its value is calculated according to the quantity you place an order. In the case of 1 standard contract, the point value of a point is 10 USD. The above information comes from Baxter Investment, welcome to consult.