The gold market is a trading center where buyers and sellers concentrate on buying and selling gold, providing spot and forward transactions, allowing traders to carry out physical transactions or options futures trading to speculate or hedge, is an important part of the complete financial market system of each country.
When it comes to gold, the media often talks about 'London Gold'. In short, it is 400 ounces of 99.5% pure gold bricks stored in the underground vaults of the City of London.
