scrabble tile jewelry wholesale What are the global gold markets?

www h d wholesale jewelry The gold market is a global market, and there are more than forty cities in the world that have gold markets.
London and New York are the two largest gold trading markets in the world.
The operation of the gold market is similar to other investment markets and the stock market.
Gold buying and selling every day, the price is affected by the economic conditions in the market.
At present, the most important gold market in the world is in London, Zurich, the United States, Hong Kong, China and other places.
1. London Gold Market
The gold market in London is the world's gold market.
In 1804, Amsterdam, the Dutch in London, became the world's gold trading center, with a history of more than 300 years, and is the largest spot gold market in the world today.
The biggest feature of the Golden market in London is that there is no fixed exchange that can be traded anytime, anywhere. The transaction is completed through an invisible way -the sales liaison network of major gold merchants.
2. Zurich's gold market
Surich gold market is the international gold market developed after the "World War II".
The gold market in Zurich does not have a formal organizational structure. It is composed of three major Swiss banks: Swiss Bank, Credit Suisse Bank and United Bank of Switzerland.
The base of the Swiss gold market is Switzerland's private banking system and auxiliary gold service system, which provides a free and confidential environment for golden management. At the same time, Switzerland and South Africa have preferential agreements to obtain 80%of South Africa gold.
Startas of South Africa, the Soviet Union, and socialist camp countries through Zurich's gold market and Western transactions, Switzerland has become the largest transit station in the world.
The gold market in Zurich is based on private private gold investment transactions, and combined with private banking business. It is the world's largest private gold storage center, and it is also the world's largest gold coin market and private investment market.
3. American gold market
The US gold market developed in the mid -1970s.
The US gold market includes the New York Commodity Exchange and the Chicago Commodity Exchange. They are not only the Gold Futures Trading Center in the United States, but also the world's largest gold futures trading center. The impact is also great.
The on New York as an example. 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 only one of the products in the futures exchange.
The New York Commodity Exchange itself does not participate in the trading of futures. It only provides traders with a place and facilities, and formulates some regulations to ensure that both parties to the transaction under the premise of fair and reasonable transactions.
4. China Hong Kong Gold Market
The Hong Kong gold market has a history of more than 100 years. It consists of Hong Kong's gold and silver trading market, Hong Kong London Gold Market, and Hong Kong Gold Futures Market. Established as a sign.
ct on the Hong Kong gold and silver trading market, there is a fixed trading venue. The gold specifications of the main transaction are 5 Sima Two Standard Gold Bar. The transaction method is public prices, spot transactions; The business market, that is, "trading in Hong Kong, delivery in London", without fixed trading venues; ③ Hong Kong Gold Futures Market, is a formal market. Its nature is the same as the nature of the gold futures in New York and Chicago's commodity futures exchanges in the United States. of.
In addition to the above four markets, the world's gold market also has some gold markets with relatively large influence such as Mumbai, Tokyo, and Singapore.
The general international market has no special preference for gold, "999 gold" is the main transaction variety.
The investors in the Asia -Pacific market like "pure gold" because of folklore and tradition. Therefore, there are often "9999 gold" transactions, such as Shanghai and Tokyo.

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