The so-called spot gold trading, in layman's terms, is to buy and sell with the rise and fall of gold prices and profit from the price difference. It has several trading methods: 1. Gold trading. 2. Paper gold trading. 3. Gold futures trading. 4. Leveraged spot gold trading. At present, the most popular and profitable transaction in the market is the fourth kind-leveraged spot gold transaction, which is a contract spot gold transaction based on the leverage principle. In short, it is margin trading. According to the real-time market of international gold market, the leveraged investment mode of two-way trading through the Internet. Flexible two-way trading of investment means that investors can buy gold to go up or down, so that no matter how the price of gold changes, investors always have a chance to make a profit. The online trading platform is convenient, fast and accurate. T+0 trading mode is adopted.
The difference between spot trading and precious metals is that the varieties of foreign exchange are richer than precious metals. See the technical requirements will be higher than the spot gold. And the news of foreign exchange concern is far more than gold. Personally, if you are a novice friend, it is more suitable for relatively simple spot gold trading.
I hope my answer is helpful to you.