1. Physical gold includes gold bars, coins and ornaments. The investment is relatively high, and it can only be profitable when the price of gold rises. Generally, the buying and selling prices of decorative gold are quite different, so it should not be regarded as investment. Gold bars and coins are the best choice for real gold investment because they do not involve other costs. However, it should be noted that holding gold does not generate interest income.
2. Paper gold is a kind of personal voucher gold, and investors buy and sell "virtual" gold on the books according to the bank quotation.
Paper gold is a paper transaction of gold, and the transaction record of investors is only reflected in the "gold passbook account" opened by individuals in advance, and does not involve the withdrawal of physical gold. At present, the domestic market mainly includes paper gold of CCB, ICBC and BOC.
3. Fixed investment in gold is a gold investment tool that has only appeared in recent years. Its principle is similar to the fixed investment of the fund, aiming at constantly averaging the investment cost.
Fixed investment in gold is also called gold accumulation or gold accumulation, and it can also be called gold deposit and withdrawal. Buy gold with fixed funds every month according to the closing price of Shanghai Gold Exchange. At the expiration of the contract, the grams of gold accumulated by the customer can be converted into cash at the Shanghai gold market price, or the corresponding grams of gold bars and gold jewelry. The grams of gold purchased will change with the fluctuation of gold price.
4. Gold fund is a derivative of gold investment and the abbreviation of gold investment fund. Gold investment mutual fund is a kind of mutual fund, which is organized by fund sponsors and subscribed by investors. Fund management companies are responsible for specific investment operations, specifically targeting gold or gold derivatives. The investment risk of gold fund is relatively small, and the income is relatively stable, which has the same characteristics as the securities investment fund that investors are familiar with. Gold funds are divided into open-end funds or closed-end funds.
5. Gold t+d refers to the standardized contract made by Shanghai Gold Exchange, which stipulates to deliver a certain number of subject matter at a specific time and place in the future. This subject matter is also called the basic asset, which is the spot corresponding to the t+d contract. Its characteristics are: margin trading, traders can choose to deliver on the same day, or they can postpone delivery indefinitely.
The risk of gold td is relatively small. In addition, gold t+d is a long-short two-way transaction, and it can also make money if it falls. Furthermore, gold t+d provides T+0 operation, which can be bought and sold many times a day. With a certain profit, you can go out.
6. Gold futures is a leveraged gold investment product.
Both buyers and sellers of gold futures sell and repurchase contracts with the same number as the previous contracts before the contract expiration date, and there is no need to actually deliver physical gold. The profit or loss of each transaction is equal to the difference between two contracts in opposite directions. This way of buying and selling is what people usually call "speculating in gold". Gold futures contract trading only needs a margin of about 10% of the transaction amount as the investment cost, which is highly leveraged. A small amount of money can promote large transactions, but it is also risky.
7. China can also choose to invest in international spot gold, which is an international market and can only be operated through trading platforms in Hong Kong. The system is perfect and the supervision is very strict. It is also a popular choice for domestic gold investors.