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Are the gold raw materials and jewelry stocks hoarded by jewelry retailers financial assets?
There are three common forms of gold speculation:

1, London gold. He trades 24 hours a day, with leverage and margin. You can short and buy and sell gold prices. It can be operated with small capital, and the lever can be enlarged to 400 times.

2. Physical gold. The bank sold it. It is gold itself that is bought and sold. Without leverage, the funds needed are relatively large. Can only do more, can only wait for the gold price to hit a new high before throwing.

3. Gold t+d. Domestic gold T+D, according to the London gold price, synchronizes the stock futures time, can be traded in two directions, and the gold price can be bought and sold. However, the leverage ratio is low, generally only 12 times, and it is not a 24-hour transaction. I often see the price of London gold going, but I can't move my own list and I can't do anything about it.

Loco London gold and T+D are both buying and selling gold prices and do not have the function of hedging. The gold bars bought by banks have the function of preserving value, but their liquidity is very poor, so small funds can't be operated at all. At present, the international financial crisis has not passed, and the safe-haven nature of gold has caused gold to skyrocket, but any commodity has a price, and now it is not necessarily possible to preserve its value by making more gold bars.

On the whole, London gold is currently the first choice for gold.