Which platform is better for buying gold?
Gold investment is divided into physical gold investment and derivative investment. Derivatives mainly refer to accumulated funds, fixed investment in gold and gold futures.
1 physical gold:
Retail places of physical gold products refer to retail channels of physical gold products that are not electronic platforms, such as counters and specialty stores of gold products in major shopping malls.
If we buy gold mainly for investment, then we'd better choose gold products that are close to real-time gold prices in these places. Generally, the cost of gold jewelry and ornaments is often much higher than the price of gold, which is not very cost-effective.
In addition, banks are also an important channel to buy gold. Compared with gold purchased by gold shops and other channels, bank gold is mostly products with stronger investment attributes such as gold bars and coins.
However, it should be noted that there are many gold products in the bank. If you simply want to invest in physical gold, it is recommended to invest in gold bars, because many commemorative gold coins, ornaments and other gold have certain manual fees and collection attributes, so the cost will be higher.
Two kinds of gold derivatives:
There are four legal gold investment places, namely commercial banks, Shanghai Gold Exchange and Shanghai Futures Exchange.
① Participating in the business of Shanghai Gold Exchange can only buy and sell gold spot and deferred products through its financial members (mainly commercial banks).
② Participation in gold futures investment can only be carried out through legally established futures brokerage companies and their branches.
(3) Commercial banks not only represent the business of Shanghai Gold Exchange for investors according to their membership, but also provide account gold, physical gold, gold wealth management and other business varieties for us to choose from.
However, we need to remind everyone that the function of maintaining and increasing the value of gold is not as perfect as we thought, and it will fluctuate with the market conditions. For example, in the change of international gold price in the figure below, we can see that if the market is not good, gold investment may also face serious losses.
(Gold spot/source: Jintou. com)