One: Bank paper gold trading
Advantages: safe and convenient, simple and easy to use, suitable for novice investment.
Disadvantages: there is no physical intervention, just a voucher-type wealth management product, which cannot be exchanged for physical gold. The handling fee is high, there is an error between the quotation and the international price, so you can't short, and there is no leverage amplification.
Two: gold TD electronic trading:
Advantages: the handling fee is moderate, and you can do long and short two-way transactions by relying on international quotations.
Disadvantages: convertible physical gold, short trading time, only 10 hour a day, suitable for senior experts, and currently only Shanghai Gold Exchange is supported in China.
Three. Spot gold (London gold) trading:
Advantages: low handling fee, 24-hour transaction, international quotation and two-way transaction.
Disadvantages: It is very difficult to exchange physical gold because it is abroad. The leverage is too large, and it is risky to remit funds abroad. Only suitable for people with certain investment experience to trade.
Four: physical gold trading:
Advantages: In addition to investment, it can also be hedged and distributed to future generations.
Disadvantages: the handling fee is relatively high, and there are transportation and storage fees, which are not easy to realize; The cost will be high, ranging from hundreds of thousands to millions. You can only buy up, not down. The delivery process is troublesome.
On the whole, the first three are electronic transactions, that is, buying and selling gold online, and the fourth is buying and selling physical gold. It is suggested that investors can choose the first two as investments, and novices can start with paper gold, and then engage in gold TD trading after a certain trading foundation.