"Paper gold" is a kind of personal certificate gold. Investors buy and sell "virtual" gold on their books according to bank quotations. Individuals make money from the fluctuation of gold prices by grasping the trend of international gold prices, buying low and selling high. price difference. Investors' buying and selling transaction records are only reflected in the "gold passbook account" opened in advance by the individual, and no physical gold withdrawal and delivery occurs.

The concept of "paper gold" in foreign exchange: The Special Drawing Rights is a reserve asset and unit of account created by the International Monetary Fund to settle balance of payments deficits among member states.