Paper gold may not lose money if it is trapped. Paper gold quilt cover is normal. Many people are trapped. It is generally difficult to recover the cost in a short time. It is suggested to put it there first, stop loss in time and consider holding it for a long time.

What is paper gold?

"Paper gold" is personal voucher gold. Investors buy and sell "virtual" gold on the books according to the bank quotation, personally grasp the trend of international gold prices, give high valuations and earn the fluctuating price difference of gold prices. Investors' transaction records are only reflected in the "golden passbook account" opened by individuals in advance, and no actual cash withdrawal and delivery occur. It not only saves the storage cost, but also facilitates the replacement of investors. After investing in real gold, you need to worry about preserving value and preserving value; In other words, there is also the cost of identifying the true and false. On the other hand, paper gold adopts bookkeeping, which solves the inconvenience of investing in real gold through the international gold price and the corresponding converted RMB pricing.

How to trade paper gold?

Banks provide customers with a variety of trading methods, such as counter trading, telephone trading and online trading.

1. OTC transactions-customers can use the "current all-in-one passbook" to conduct gold transactions in the business halls of relevant banks.

2. Telephone transaction-the customer dials the telephone number of gold transaction provided by the bank, enters the gold telephone transaction system of the bank through the telephone transaction password, and carries out gold transaction according to the telephone voice prompt.

3. Online trading-when opening an account, the customer logs in to the bank homepage with the website provided by the bank and the password of online banking to conduct gold trading. The number of transactions is the same as that of foreign exchange transactions. There is no limit to the number of transactions. Citizens can sell at a high price, buy at a low price or make a profit according to the change of quotation.

In addition, paper gold trading has two characteristics. First, the use of paper gold trading in the gold market can save the storage fee, storage fee, insurance fee, appraisal fee, freight and other expenses that are indispensable for actual gold trading, reduce the extra expenses in the gold price, and improve the competitiveness of gold merchants in the market. Second, paper gold trading can speed up the circulation of gold and accelerate the trading in the gold market.