It is more reliable for banks to buy gold bars, because in addition to ensuring authenticity, they can also guarantee good liquidation.
Most banks support the recycling of their own brand gold bars. Investors can go through the recycling procedures at designated outlets with gold bars, relevant certificates and invoices.
If you go to a gold shop to buy gold bars, you can't get a discount. You can only trade old ones, so gold bars lose their financial significance.
In addition, gold shops generally sell processed gold ornaments, and the processing fee is higher than that of bank gold bars, so it is better for banks to buy gold bars.
Characteristics of paper gold
1, low investment threshold.
The minimum trading volume of paper gold is 10g, which is about 3,000 yuan in terms of gold price, which is very advantageous compared with the threshold of physical gold investment.
2. The investment cost is low.
The cost of paper gold trading mainly lies in the difference between the buying price and the selling price, and generally no other handling fees are charged.
3. Convenient transactions
Paper gold adopts the "24-hour uninterrupted" trading mode, and investors will be notified in advance if they are closed on holidays.
Paper gold trading mode
The purchase channel of paper gold is banks, such as ICBC, China Construction Bank and Bank of Communications, which have opened paper gold trading services. Trading channels include bank counters, telephone banking, online banking and self-service terminals. Investors can open accounts and trade paper gold through their accounts by presenting their ID cards to various bank outlets, accepting risk assessment and signing relevant agreements.
What should I pay attention to when buying gold?
1. Choose a regular gold shop: When buying gold, you should choose a regular, large and long-established gold shop, with guaranteed quality and more exquisite gold jewelry technology.
2, pay attention to holiday promotion: before buying gold, it is best to rush to see the festival. It can be a few dollars cheaper per gram, which is more suitable. You can look around several large gold shops.
3, look at the purity of gold: when buying gold, choose high purity, such as thousands of gold. This kind of gold is bright in color, high in purity and more upscale to wear.
4. Ask for an invoice: Gold is very expensive, so you must ask for a formal invoice when you buy it. Don't forget, some merchants don't ask him for it, and he doesn't take the initiative to invoice you. Without the invoice, his rights and interests can't be guaranteed.
5. Don't overdraw to buy gold: It is not appropriate to buy gold according to your own economic strength. It is easy to bring disharmony to the family.
6. Take care of gold jewelry: When buying gold jewelry, pay attention to wearing it and don't lose it. Avoid contact with chemicals, such as paint, acid cleaners, etc. , and keep it sealed and moisture-proof.
Tips: It is best for small partners to go to large shopping malls or well-known gold shops, so that the quality is basically guaranteed. The time is chosen on a big festival or anniversary, so the price is relatively suitable. This is the best time to buy gold jewelry.