The global gold market is mainly distributed in Europe, Asia and North America. Europe is represented by the gold markets in London and Zurich; Asia is mainly represented by Hong Kong; North America is mainly represented by new york, Chicago and Winnipeg.

Although the international gold exchange market is a 24-hour continuous operation market, exchange rate fluctuations in one market can quickly spread to other markets, but each market has its own different characteristics.

As one of the earliest foreign exchange markets in the world, Sydney gold foreign exchange market is open every day, and the trading time is about 6: 00- 14: 00 (Beijing time). Usually, exchange rate fluctuations are relatively calm, and the trading varieties are mainly Australian dollars, New Zealand dollars and US dollars.

Extended data

The rise in the price of gold will affect the currency prices of some countries. There are many factors that affect the price of gold, such as: international politics, economic exchange market, interest rates and monetary policies of major European and American countries, the increase or decrease of gold reserves of central banks, the increase or decrease of gold mining costs, the increase or decrease of jewelry gold, etc.

Therefore, foreign exchange and gold trading are financial management after all, and basic knowledge is still needed. Moreover, not all foreign exchange and gold trading companies can choose, and not all investments can be profitable. So the preparation of basic knowledge is very important. The GOLD code is generally XAUUSD or gold. Introduction to gold investment is an investment behavior, and the price of gold is an auxiliary indicator to judge the trend of gold.

China foreign exchange trading center-interbank gold business inquiry area

Baidu encyclopedia-gold