How does CCB trade paper gold? CCB paper gold is traded in real time and by entrustment. Investors can make real-time transactions directly according to the bank's trading quotation, or they can specify the price for entrusted pending orders, which are divided into profit pending orders and stop-loss pending orders.
The delivery forms of account gold and physical gold are also different. Account gold is accounted for in the gold account opened by the customer, and there is generally no physical delivery; But the physical gold transaction does not depend on the account, and the transfer of funds and objects is the symbol of the completion of the transaction.
What are the characteristics of CCB paper gold trading?
1. Using paper gold to trade in the gold market can save storage fees, storage fees, insurance fees, appraisal fees, transportation fees and other expenses, reduce the extra costs in the gold price, and improve the competitiveness of gold merchants in the market.
2. Paper gold trading can accelerate the circulation of gold and improve the speed of gold listing. Bank transactions in China.
Is there leverage in CCB's paper gold trading?
Because paper gold still belongs to the category of physical gold trading, and it is full trading, not margin trading, not gold futures and options, so paper gold has no leverage effect. The leverage ratio of paper gold trading is generally 1: 1, which can also be said that paper gold has no leverage.
Compared with paper gold, spot gold needs 50,000 RMB to open an account, and the first-hand transaction 1 1,000 ounces of gold needs 1 1,000 USD (that is, 7,500 RMB). If the price difference is $65,438+05, the customer will get $65,438+0,400, excluding formalities. Based on 1000 USD, the net profit is 10500 yuan.