Several common gold financial management methods in our country include buying gold stocks or futures, buying gold funds, buying paper gold, and buying physical gold.
In the A-share market, there are many listed companies whose main business is gold and other precious metals. To purchase these stocks, investors need to open a stock account. Once you have a stock account, you can directly purchase relevant stocks; Buying gold futures requires a futures account and is not suitable for novices.
Gold funds can purchase gold ETF funds on-site, which requires a stock account; gold ETF-linked funds can also be purchased off-site, such as through banks, securities firms, WeChat, Alipay and other channels. These funds calculate their returns based on the trend of gold prices. If the gold price fluctuates up and down, the returns of gold funds will also fluctuate accordingly.
Paper gold is a new type of investment after gold and precious metals. Investors need to open a bank account. Paper gold adopts 24-hour non-stop trading and T+0 delivery method.
Banks can invest in gold bars and gold coins; you can also go to gold stores to buy gold jewelry, which also has the function of adding value and preserving value.
Gold stocks are a sector classification in the stock market and an extended product of gold investment. Gold stocks are listed or unlisted stocks issued to the public by gold companies, so they can also be called gold mining company stocks.
Since buying and selling gold stocks is not only investing in gold mining companies, but also indirectly investing in gold, this investment behavior is more complicated than pure gold buying and selling or stock buying and selling. Investors should not only pay attention to the operating conditions of gold mining companies, but also analyze the gold market price trend.
The trend of gold prices directly determines the performance of gold companies. If the price of gold goes up, the performance of listed gold companies will improve, the investment value of gold stocks will increase, and gold stock prices will go up; conversely, if the price of gold goes down, The performance of listed gold companies will decline, the investment value of gold stocks will decrease, and gold stock prices will go down.
Furthermore, the stock market belongs to fictitious capital, and fictitious capital is very elastic. Therefore, the elasticity of gold stock prices is greater than the elasticity of gold prices. That is to say, when the price of gold rises, the price of gold stocks rises. It is greater than the increase in the price of gold. When the price of gold falls, the decline in the price of gold stocks is smaller than the increase in the price of gold. Therefore, gold stock investors must pay close attention to and analyze the trend of gold prices.