When investing in gold bars (blocks), it is best to buy gold bars (blocks) produced by internationally recognized or well-known local gold refining companies. In this way, selling gold bars in the future will save a lot of expenses and procedures. If the gold is not produced by a well-known enterprise, the gold buyer will charge a fee for analyzing the gold. The gold bars sold by many well-known international gold merchants are packed in sealed small bags, which are not only filled with gold, but also proved by reliable seals, so it is much more convenient to sell gold bars without opening them. Generally, gold bars are cast with numbers, purity marks, company names and marks. Because the gold bricks (about 400 ounces) are generally only traded between the government, banks and big gold merchants, private and small and medium-sized enterprises generally trade relatively small gold bars, which need to be melted and cast, so they have to pay a certain casting fee. Generally speaking, the smaller the gold bars, the higher the casting cost and the higher the price. The advantages of investing in gold bars are: no commission and related expenses, strong liquidity, instant realization, global transferability and global quotation; In the long run, gold bars have the function of preserving value and have a certain effect on resisting inflation. Disadvantages are: it takes up some cash, and there are certain risks in ensuring the physical safety of gold. Precautions for buying gold bars: it is best to buy gold bars from well-known enterprises, and properly keep relevant certificates to ensure that the appearance of gold bars, including packaging materials and gold bars themselves, is not damaged, which is convenient for future sales.
Second, invest in gold coins.
There are two kinds of gold coins, namely pure gold coins and commemorative gold coins. The value of pure gold coins is basically the same as the gold content, and the price basically fluctuates with the international gold price. Pure gold coins are mainly collected by coin collectors. Pure gold coins in some countries are marked with face value. For example, Canadian coins with 50 yuan face value have been minted, but pure gold coins in some countries are not marked with face value. Because the price of pure gold coins is basically the same as that of gold, the premium at the time of sale is not high (that is, the difference between the gold contained and the gold coins sold), and the investment appreciation function is not great, but it has the functions of beauty, appreciation, circulation change and value preservation, so it is still attractive to some collectors. Commemorative gold coins have great appreciation potential because of their large premium, and the investment value of collection is far greater than that of pure gold coins. The price of commemorative gold coins is mainly determined by three factors: first, the less the quantity, the higher the price; Second, the older the casting age, the higher the value; Third, the more complete the current appearance, the more valuable it is. Commemorative gold coins are generally in circulation, all marked with face value, which is more liquid than pure gold coins and does not need to be converted into cash according to the gold content. Because the number of commemorative gold coins issued is relatively small, which has appreciation and historical significance, its function has greatly exceeded the circulation function, and investors mostly invest in appreciation, collection and appreciation, which has important investment significance.
Third, paper gold.
The transaction of "paper gold" is a service provided by banks, without the intervention of real money and silver. In accounts with precious metals as the unit, investors do not need to buy or sell in kind, but invest in gold by bookkeeping. Because it does not involve the delivery of real money and silver, the transaction cost can be lower. It is worth noting that although it can be equated with holding gold, the "gold" in the account cannot be exchanged for physical objects, and the "deposit" has no interest.
Four. Manage accounts
Gold management account is a risky investment method, which means that securities firms have full authority to handle investors' gold accounts. The key lies in the professional knowledge, operational level and reputation of brokers. Generally speaking, the enterprises that provide this kind of investment are rich in professional knowledge and the fees charged are not high. At the same time, enterprises have higher requirements for customers and need more investment.
V. Gold certificate
Gold certificate is a popular way of gold investment in the world. Gold certificates provided by banks and gold sellers provide investors with the risk of avoiding storing gold. The issuer's gold certificate shows that investors have the right to withdraw the purchased gold at any time. Investors can also convert the vouchers into cash at the current gold price to recover their investment, or circulate them in the market by endorsement.