Although the capital market is still somewhat sluggish, the gold market is booming and the gold industry is also experiencing daily price limits. Indeed, when the market is down, people will habitually buy some gold for investment and hedging, and many investors are eager to participate. So for ordinary investors, how to buy gold? Let’s take a look.

The current status of gold and the gold market. The international gold price has surged sharply since 2015. The price of gold in the New York market has risen from US$1,200 per ounce, and has risen to the US$1,300 mark in less than a month; statistics show that gold in the New York market has risen sharply. Futures prices have risen cumulatively since 2015. On June 24, 2015, the price of gold exceeded the US$1,400/ounce mark, and its value has been rising. So is it really cost-effective for investors to buy gold?

Is it worthwhile to buy gold for financial management? In fact, gold is a representative of safe-haven assets and is generally not used as the main investment tool. However, proper use of gold investment can maintain value and balance risks, making assets more valuable. Under normal circumstances, gold has an inverse relationship with the trend of the global economy, so gold, as part of asset allocation, can account for 5%-10% of all investments. Physical gold is an asset that is easy to buy but not easy to buy. The processing fees and storage fees for physical gold are very large costs, and the value of gold itself is subject to market constraints. Therefore, investing in physical gold is not recommended to ordinary investors. So has the golden opportunity been given up? In fact, apart from physical gold, we also have many ways for ordinary investors to invest in gold.

1. Internet gold products. Many Internet platforms sell gold products on a consignment basis and purchase non-physical gold. The expected income fluctuates with the fluctuation of the gold market value, saving time and intermediate costs.

2. Gold ETF funds are fund products linked to gold, which change according to changes in the market value of gold. Its advantages are that there are professional managers to conduct investment operations, the investment threshold is low, and the transaction fees are not high. . All the above opinions on whether it is worthwhile to buy gold for financial management are only for reference. I hope it will be helpful to everyone. Warm reminder, financial management is risky, so investment needs to be cautious.