Baidu Encyclopedia is said to be issued by the London International Financial Futures Exchange. Faced, which exchange did London Gold traded?
5 thoughts on “In which exchange did London gold traded?”
Leave a Comment
You must be logged in to post a comment.
International futures and foreign exchange brokers can trade London Gold. It is very convenient to open an account and transaction on the exchange
n00:00 / 00: 5170% shortcut keys to describe space: Play / suspend ESC: exit full screen ↑: increase volume 10% ↓: reduced volume decrease by 10% →: single fast forward 5 seconds ←: single fast retreat 5 seconds Press hold up and hold it up. Here you can drag no longer appear in the player settings to reopen the small window shortcut key description
Today's four most influential and authoritative four gold trading markets
1, London Gold City: London precious metal market association
London is the first largest gold market in the world. It has a history of 300 years. The world's largest spot gold market. The biggest feature is that there is no fixed exchange. Since there is no fixed trading venue in London, it can be traded anytime, anywhere.
2, New York Gold City: New York Commodity Exchange
The gold market in the United States was developed in the mid -1970s. The New York Commodity Exchange (COMEX) is currently the world's largest gold futures trading center. The biggest feature of the New York Exchange is that they are traded in the form of futures, and the prices they provide have a great impact on the gold price of the spot market. In New York, the gold market does not have a substantial gold market. The gold market is attached to the New York Futures Exchange, and gold is just one of the products in the futures exchange.
3, Zurich Gold City: Swiss Bank
The position in the international gold market in Zurich is second only to London. After the World War II, Zurich Gold City, with the background of the neutral country and the reason for the special banking system, became the world's largest new golden relay station and the largest private gold storage center in the world. As a result, Zurich has become one of the four major gold markets.
The city of Zurich does not have a formal organizational structure. The three major banks of Switzerland: Swiss Bank, Swiss Credit Bank and Swiss United Bank are responsible for liquidation and checkout. In addition to the trading market of the spot gold, the three major banks will also participate in the investment and selling activities of gold. Zurich's gold market is at a specific time on each trading day, and the gold price is set on the same day according to the situation of the common needs. This price is the gold official price of Zurich.
4, Hong Kong Gold Market: Hong Kong Gold and Silver Trade Field
This Hong Kong Gold Market has been rated as the third largest gold market internationally. It has exceeded 100 years. It is also the only gold market in the world to open the market on Saturday. The five major gold merchants and Swiss banks in London fancy the advantages of Hong Kong. They have come to Hong Kong to set up branches to form a new generation of the best London gold market. In Hong Kong, regardless of the Gold and London Gold Trading, the gold and silver trade field is the most recognized and authoritative marketing institution.
The precious metal trading company is not allowed in China. If you want to trade London gold, you can rest assured that you can choose Wanzhou Gold Industry under the Hong Kong Gold and Silver Trade Stadium.
Many platforms can play, but you have to find a formal, not slippery point, no card, the company is large, professional institutions are supervised, and the in -law is normal. It is best to have star endorsements. Wait ... Don't be a black platform. In 16 years, I was hacked by the black platform, exaggerated 120,000, and could not come out. The public security bureaus of the case will not be accepted. Later, the platform was running, and the account was gone. Whoever asked ...
There are two interpretations of London's narrow and broad sense. The narrow explanation is the BRICS issued by the London International Financial Futures Exchange.
Moistically speaking: Gold has been a hard currency since ancient times, and it is a symbol of wealth. The value preservation ability has no right right. Therefore, some people have money to buy gold. Want to buy gold to show your wealth.
In someone to buy someone sells. However, a large amount of gold is mastered on the hands of the big passenger valve and ZF. In order to absorb folk funds, the total of ZF and the chaebol of the chaebol simply set up an exchange. We will issue gold. You can sell it from us, and we also accept it. However, it is necessary to set a market price first. The market price will fluctuate with the transaction. If you sell it or buy it, we will collect the full order, and we will have a negative profit and loss (of course, they make money). This method originated in London earlier, and this method of transactions is also called London Gold Transaction. This is the earliest explanation of London gold. This method has greatly promoted the circulation between capital and accelerated the development of capitalism.
but gold is very expensive. Not everyone can participate in the transaction. There are few people participating in the transaction. We understand what the trading market means. In order to allow the majority of people to participate, one thing was invented, that is -leverage. (Akimid: MMP, obviously invented by Lao Tzu). This is another "great invention" in the capital society.
The leverage of Archimedes all knows what is going on, but what is the leverage of London gold?
Raising a chestnut: If a gram of gold is 100 yuan, there is no leverage, Xiao Ming will be small. It costs a hundred dollars to buy one gram of gold, but Xiaoming can't afford only one dollar. At this time, it is time for leverage.
Xiaoming: I only have one dollar, I want to buy your 100 yuan.
The businessman: roll!
London gold dealers: Okay, no problem. I will help you out of the remaining ninety -nine yuan.
Xiaoming: Really? so good? Will you not lie to me? I graduated from elementary school!
Imming is beautiful in his heart, thinking about one hundred dollars to buy a hundred yuan. This trader is afraid that it will not be the brain KUO into the water.
London gold dealers: Of course it is true. But we have to sign a contract.
Xiaoming: MMP, I know that it is not simple. What contract?
London gold dealers: After signing the contract, 99 yuan we will help you, but we have to let us let us take it away. If you want to sell it at that time, you can get a contract to trade with us. What you earn is yours. hey-hey! If you make up for the remaining 99 yuan, things can be taken home.
Imming thinks that this is really good. In addition to making jewelry, gold is useless, and it will still be used to sell money at that time. So I took out a dollar, bought a paper London gold trading contract, and went home happily. (In fact, it also involves the margin system. It is too complicated. It is omitted. Here we mainly talk about the role of leverage.)
This is the leverage of the London gold transaction. The circulation of social funds is conducive to economic development. And the British at that time, as the world's first power, also brought this trading model to the world. Each place also followed suit, using this model to trade gold, so a new name was born -spot gold. Therefore, we often see that London gold is the spot gold, which is also London gold in the broad sense.