The first type: the buying and selling of physical gold. It is to buy or sell according to the real-time gold price to make money.
The second type: paper gold. It is to buy at the real-time price of gold instead of holding physical gold (in the form of securities) and then selling it at the market price of gold to earn the difference.
The third type: gold futures. Buy according to the real-time gold price, but do not hold physical gold. Sell it to the delivery time to earn the difference.
The initial amount of three kinds of gold investment is influenced by policies and bank regulations in different periods. Go to the bank to consult and open this kind of business.
Gold is a simple form of chemical element gold (Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal. Generally speaking, the gold in the world is in ounces. In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication and aerospace industry.
The chemical symbol of gold is Au, and the financial English code is XAU or gold. The name Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means shining dawn.
As of 202 1, 10, 12, the gold price is 1760 USD/oz.
Because of its beautiful appearance, gold is regarded as our daily ornament, and its monetary commodity attribute determines that gold is widely used in financial reserves. Because of its anti-corrosion nature, gold has always been used as a currency in history, such as a measure of value, a means of circulation, a means of storage, a means of payment and a world currency.
In addition, gold is also used in industry and technology. Because of its unique and perfect characteristics, gold has extremely high corrosion resistance stability. Good electrical and thermal conductivity; The gold nucleus has a large effective cross section to capture neutrons; The reflection ability of infrared ray is close to100%;
It has various catalytic properties in gold alloys; Gold also has good manufacturability and can be easily processed into ultra-thin gold foil, micron gold thread and gold powder; Gold is easy to be plated on the surface of other metals, pottery and glass, and it is easy to be welded and forged under certain pressure. Gold can be made into superconductors and organic gold. It is precisely because of its many beneficial properties that it is widely used in the most needed modern high-tech industries, such as electronic technology, communication technology, aerospace technology, chemical technology, medical technology and so on.
With the development of social economy, the economic status and application of gold are constantly changing. Since the decoupling of gold and the dollar in 1970s, the golden functions of money has been weakening. In addition to the function of financial reserve, the investment function of gold has gradually emerged, and gold investment has begun to rise. As an investment product, gold has been used by investors in the investment field.