London Gold Trading and Computing Method
London's gold refers to the gold traded in the London market, also known as international spot gold.As one of the world's largest gold markets, the London market has a large number of gold trading activities every day.In this article, we will explore the basic concepts and calculation methods of London Gold Transactions.
What is London Gold?
First, let's find out what is London Gold.Simply put, London's gold refers to gold that stores in warehouses recognized by the Birmingham Clearance Bank (LBMA) in the UK and meets the LBMA standards.These gold can be used to settle international trade, investment and other purposes.
How to conduct Lunjiao Technology?
To carry out the storage of Birmingham Clearance Bank to recognize the warehouse and meet the requirements of the LBMA specifications, please follow the steps below:
Select a broker or platform that is regulated and recognized.
Open a account and ensure that the relevant qualifications are met.
For the specific details of Huang Shengjing, which are purchased or sold through the broker or platform, please see the "LBMA official website".
Calculation method and price fluctuation
