At present, the domestic gold market is still in its infancy, but there are still many gold investment products, mainly including the following:
(1) Physical gold. Physical gold includes standard gold, gold coins and gold ornaments. Physical gold has its collection value, but if used, there is not much room for profit and it takes a long time.
(2) gold stocks. Gold shares, also known as shares of gold mining companies, refer to listed or unlisted shares issued by gold mining companies to the public. The most direct impact is the change in the gold market.
(3) Gold futures. Gold futures, like other futures products, belong to a kind of futures products. The main features are as follows: (1) There is a short-selling mechanism, two-way trading can make a profit, and both ups and downs have profit opportunities. (2)T+0 trading system, which can open and close positions for many times on the same day. (3) the transaction is a contract system, with a delivery date, and must be delivered at maturity, otherwise the liquidation or physical delivery will be forced. (4) It is also a margin transaction. When the margin is insufficient, it will also be forced to close the position.
(4) Gold t+d, also known as gold deferred spot trading, is a new gold investment product launched by Shanghai Gold Exchange. Industrial Bank started this business at the end of 65438+ 10. This week, ICBC officially became the second member of the financial gold exchange after Industrial Bank. As this business has just been opened to individual customers, there will be some adjustments. Its main feature is: (1) buy up and buy down two-way transaction. (2) It has strong value preservation and can be used to extract physical gold. (3) Contract transactions are subject to price limits. (4) The spread is relatively high.
(5) paper gold. Also known as gold certificate, the subject matter of the transaction between buyers and sellers in the gold market is the certificate of gold ownership rather than physical gold, which is a warrant transaction method. China issued paper gold to prevent the outflow of a large amount of investment funds. At present, three banks, Bank of China, ICBC and China Construction Bank, have launched paper gold related businesses. If you want to make paper gold, you'd better shop around before making a decision. The main characteristics of paper gold are: (1) 100% capital investment and minimum trading volume 10g. (2) the risk is small, but the income is also small. (3) You can only do more, that is, you can only buy up and not buy down. Mainly suitable for conservative investors who don't want to take risks and make big money.
(6) International spot gold. Also known as London gold, its main features are; The leverage ratio is (1) 1: 100, and the capital investment ratio is 1%, that is, 1 USD can be used for gold trading of 100 USD, and the income is enlarged by 100 times. But the risks are also magnified. (2) Be able to trade in both directions, both buying up and buying down. Without bull market and bear market, the profit opportunities have multiplied. (3) Global transactions are divided into several major markets, mainly American market, European market and Asian market. In this way, it is impossible to exist behind the banker's manipulation. (4)T+0 trading, you can buy at any time, sell at any time, and make profits at any time. (5)24-hour trading. Generally, the big market is after the opening of the US and Europe, that is, in the afternoon and evening, especially after 20 pm. Mainly suitable for investors who have free time at night and like high-risk varieties.
The above-mentioned gold investment products are all derivatives of gold, so their market and price fluctuations have a strong correlation.