For individual gold investors, there are the following investment skills:

Skill 1: Reasonably allocate funds and do what you can

Investors can rationally allocate funds and do what they can according to their own economic situation without affecting their normal life, work and family. There are certain risks in buying and selling gold, so it is suggested not to set foot in the futures market easily. It is more appropriate for small investors to buy physical gold. Even if the price of gold is not good at first, it will only erode interest.

Tip 2: Make clear the purpose and choose the investment style reasonably

At present, gold investors can be divided into three categories: gold hoarders, gold investors and gold speculators. Among them, gold hoarders hold gold for a long time, which is mainly used for asset preservation and is insensitive to gold prices; Gold speculators mainly use the fluctuation of gold price to buy and sell in the short term to earn the difference. Specifically, physical gold can be used for long-term asset allocation. Paper gold (paper trading of gold) is suitable for short-term and medium-term trading, and the profit model is to obtain the difference profit by buying low and selling high.

Tip 3: Pay attention to exchange rate changes

Generally, the price of gold is opposite to the exchange rate of the US dollar. When the US dollar depreciates, the price of gold tends to rise, and vice versa. When the domestic currency appreciates, people can buy cheaper gold goods in foreign countries. Because the domestic price of gold does not move or fall, it does not mean that the value of gold itself will fall accordingly. It may be the result of the exchange rate change between local currency and foreign currency. Therefore, investing in gold requires a certain knowledge of foreign exchange, otherwise don't invest in gold in large quantities.

tip 4: grasp the trend of gold price, buy up but not buy down

in the process of price rise, the buying behavior at every moment should be said to be correct, but when the gold price rises to the top and turns to the trend, it is not appropriate to buy. The theory of "buying up and not buying down" is mainly to remind investors that when buying and selling gold, they should not pay one-sided attention to the price level, but ignore the trend that gold is in a "big bear" or a "big bull".

tip 5: follow the trend and buy in batches

you can follow the trend on the premise of determining the nature of the market. Strategically speaking, we should operate along the upward trend, that is, operate in one direction and insist on buying in the callback. Because the lowest point can be met but not sought, we should buy in batches, wait for the next buying opportunity.

Tip 6: Step-by-step overweight, profit reinvestment

When investors do the right thing in the process of buying gold, they can make profit overweight, that is, profit reinvestment. For example, 33 US dollars per ounce is short, and it falls below 325 US dollars per ounce, and then falls below 32 US dollars per ounce, and then some positions are gradually closed, leaving a small amount of positions at around 31 US dollars per ounce. In this way, the risk can be controlled, and the profit of each liquidation can be invested in the next round to obtain compound interest growth.

Tip 7: Deal with the handling fee of gold speculation flexibly

In contrast, the cost of gold speculation is definitely higher than that of paper gold, because paper gold is only "account gold", which can save the complicated steps and related expenses such as storage, transportation and color identification of physical gold. Nowadays, gold T+D investment has become more and more popular among investors, and major banks have also launched gold T+D business. T+D fees are higher than futures, lower than physical gold, and equivalent to stocks, and the risk is between futures and stocks. Investors can compare the margin ratio of various banks, the forced liquidation line, etc., and reasonably deal with the handling fee problem.

tip 8: portfolio investment, using gold to hedge risks

the price of gold usually runs in the opposite direction to various investment varieties. Adding an appropriate proportion of gold to the asset portfolio can spread risks to the maximum extent and effectively resist the sharp shrinkage of assets. Risk hedging can manage systemic risk and non-systemic risk, and can also reduce the risk to the expected level by adjusting the hedging interest rate according to the risk tolerance and preference of investors.

note: gold investment is a high-risk investment project, so investors should be cautious when investing!