Why do the spot gold spreads widen sometimes?

The spread of spot gold is mainly due to the difference between the buying price and the selling price, so the main factor leading to the expansion of the spread is the adjustment of the buying price or selling price queue, and the main reason for the adjustment of the buying price or selling price queue, including the abnormally active market liquidity , abnormal sparseness, data time, upstream liquidity and other factors. Customers need to understand that the spread is a normal market activity and cannot be controlled. Therefore, customers need to pay attention to the market at all times, and at the same time adjust their trading strategies appropriately during economic data time periods, thin liquidity or active conditions.

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Trading in financial instruments involves high risks due to the fluctuation in the value and prices of the underlying financial instruments. Due to the adverse and unpredictable market movements, large losses exceeding the investor’s initial investment could incur within a short period of time. The past performance of a financial instrument is not an indication of its future performance. Please make sure you read and fully understand the trading risks of the respective financial instrument before engaging in any transaction with us. You should seek independent professional advice if you do not understand the risks disclosed by us herein.