Extended data:
Physical gold business:
The business of physical gold is actually the buying and selling of physical gold, and investors who pursue gold preservation can choose this business. Go directly to the bank to buy physical gold, such as gold bars and coins. Let's go to the gold shop.
However, when trading gold, it should be noted that banks will charge a unilateral commission of 0.8 yuan/gram, so the investment cost must be calculated when buying and selling gold. Moreover, since gold generally does not make a profit until the price rises to 1 yuan/gram, investors must not follow the market fluctuations frequently.
Paper gold business:
Paper gold business refers to investors buying and selling gold on the books to earn the difference, so as to profit from it. You can buy and sell paper gold directly through bank counters, telephone banking, online banking and self-service financial terminals. Investors do not need to hold real gold, but can trade gold with paper accounts.
You can buy and sell the "virtual" gold on the book according to the bank quotation, and then earn the fluctuation price difference of gold price by grasping the international gold price trend. This kind of business will not happen in cash withdrawal and delivery.
Gold deferred business:
In fact, the gold deferred trading business is what we usually call spot gold. Customers only need to open a spot gold account in the spot market and pay a certain amount of deposit as advance payment, so they can "temporarily" obtain a certain amount of gold without delivery, and then sell it directly in the spot market after the price of gold changes to obtain the difference.
In addition, the remaining payment can also be made up according to the current price of advance payment, thus obtaining the right of physical delivery.
This business allows investors to sell a certain amount of gold first, and then buy the same amount of gold after the price of gold changes to offset the previously sold gold.