There are two kinds of gold, spot gold or futures gold. The Shanghai Gold and London Gold you mentioned are the names of gold exchanges in various regions. Now China and Shanghai futures trade all their own gold contracts, but the domestic gold price is far from the international gold price. In the international market, the famous gold trading places are London, Zurich, Hongkong and new york.

London Gold Market Association, Zurich Gold Market, China Gold and Silver Exchange and the New York Mercantile Exchange.

In addition, banks and jewelry stores will also sell gold. If the customer doesn't buy gold bars, he will replace them with a paper contract, which is paper gold. If they buy gold bars, it is physical gold. By the way, China is now experimenting with spot gold in Tianjin, but if it really needs to be done, I will give a risk comparison: the degree of risk: Tianjin spot gold (greater than) Shanghai gold futures (greater than) China Gold and Silver Exchange Institute (greater than) NYMEX.

Simply put, domestic gold spot risk is the biggest, followed by domestic gold futures, followed by international gold spot, and international gold futures are relatively safe. Hehe, we belong to new york Futures. The center number of CSRC is "AAC577", and the participation numbers of exchanges are 1680/3, 1686/7 and 1689, which can be inquired in official website. 4-3-8-3-3-6-7-0-4