As a traditional safe-haven investment, gold has always been favored by investors. But when buying gold, there are also many problems to pay attention to. Here are some suggestions to avoid the pitfalls you may encounter when buying gold:

Choose formal channels to buy: when buying gold, you should choose formal gold and silver jewelry stores, banks, securities companies and other professional institutions to buy, and avoid choosing some small shops or institutions without any qualifications.

Confirm the quality and purity of gold: when buying gold, you must first understand the quality and purity of gold, and then buy it after confirmation by professional testing tools. Generally speaking, the better the quality and purity of gold, the more worth buying.

Pay attention to the charging standards and handling fees: When buying gold, we should not only pay attention to the price of gold, but also pay attention to the charging standards and handling fees, so as not to be cheated by some merchants in handling fees.

Choose investment products carefully: when choosing products to invest in gold, you should choose according to your own needs and risk tolerance, such as spot gold, gold ETF and gold futures.

Pay attention to the custody and safety of gold: after buying gold, pay attention to the custody and safety of gold to avoid theft or loss.

In short, when buying gold, we should carefully choose the purchasing channels, know the quality and purity of gold, pay attention to the charging standards and handling fees, carefully choose investment products, pay attention to the custody and safety of gold, and avoid the traps that may be encountered when buying gold.