There are three main types of personal investment in gold: first, buying physical gold; second, conducting gold investment transactions, including paper gold, physical gold trading and margin trading; third, other investment methods, including purchasing gold stocks and funds, and conducting gold investment transactions. Gold futures investment, etc.
1. Purchasing physical gold
Individual customers can buy all kinds of physical gold in shopping malls, gold specialty stores, banks, and gold exchanges.
Generally speaking, the workmanship of gold jewelry is more exquisite, but because of its high processing cost, it is more suitable for decoration and collection.
The value of gold coins is basically the same as the content of gold, and it has the functions of beauty, appreciation, strong circulation and liquidity, and value preservation. Gold medals, commemorative coins and other gold objects are exquisite in workmanship and have commemorative significance. They pay more attention to the collection value. Usually, the price is higher than that of ordinary gold bars, and it is difficult for ordinary investors to identify their value.
The gold bar quotation is in line with the gold exchange quotation, with a small premium. It is only used to cover costs such as production, transportation, and storage. It is the main form of physical gold investment by ordinary investors.
2. Gold investment transactions
“Account gold” transaction, commonly known as “paper gold“, means that customers do not need to withdraw physical gold, but directly benefit from gold price changes through the bid-ask spread.
Customers can participate in the gold spot trading and physical gold deferred business of Shanghai Gold Exchange through banks and other gold exchange members, make independent quotations, and match transactions. Profits can be realized through the bid-ask spread, or real objects can be extracted to achieve the purpose of value preservation and appreciation.
3. Other investment methods
Buying gold stocks: At present, my country’s domestic listed gold stocks include China Gold Gold (600489), Shandong Gold (600547) and Zijin Mining (601899). The problem with investing in gold stocks is that changes in stock prices are often affected by the operating conditions of the listed companies themselves, not just by changes in gold prices. Therefore, changes in gold stock prices are not completely linked to the trend of gold prices.
Gold futures investment: futures trading is a form of centralized trading of standardized forward contracts. That is, the two parties to the transaction on the futures exchange by buying and selling futures contracts and according to the terms stipulated in the contract, at a specific time and place in the future, the transaction behavior of buying and selling a specific quantity and quality of commodities at a specific price. The ultimate purpose of futures trading is not to transfer the ownership of commodities, but to avoid spot price risk by buying and selling futures contracts. Futures can be long or short.
Buying Gold Funds: Gold funds are short for gold investment mutual funds, which are organized and established by fund sponsors, subscribed by investors, and fund management companies are responsible for specific investment operations. A mutual fund. Gold funds have less investment risk and relatively stable returns.
