But I can say a little about other gold-related introductions.
At present, there are eight kinds of gold, namely: spot gold, paper gold, physical gold, gold ornaments, gold futures, gold options, platinum, silver and palladium, and gold and silver coins.
1. The main forms of physical gold in the gold spot market are gold bars and ingots, as well as gold coins, gold medals and jewelry. Gold bars include low-purity placer gold and high-purity strip gold, and generally weigh 400 ounces. Market participants mainly include gold producers, refiners, central banks, investors and other demanders. Among them, gold traders buy and sell in the market, brokers earn commissions and spreads from them, and banks finance them.
2. Paper gold refers to the paper trading of gold, and the trading records of investors are only reflected in the "gold passbook account" opened by individuals in advance, and do not involve the withdrawal of physical gold. The profit model is to buy low and sell high, so as to obtain the difference profit. Compared with physical gold, its transaction is more convenient and faster, and the transaction cost is relatively low, which is suitable for short-term operation of professional investors. At present, three domestic banks have started paper gold business, namely Huang Jinbao of China Bank, gold experts of China Industrial and Commercial Bank and account gold of China Construction Bank.
3. Physical gold transactions include transactions such as gold bars, gold coins and gold ornaments, with holding gold as an investment. It is certain that the investment is high, and the actual rate of return is the same as other methods, but the amount involved will be low (because the invested funds will not play a leverage effect), and it can only be profitable when the gold price 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.
Gold jewelry can be divided into three grades in value, namely, high-grade, middle-grade and low-grade. High-grade jewelry is made of K platinum, high K gold and pure gold. In addition to pure gold jewelry, it is also inlaid with opals, rubies, sapphires, emeralds, amber stones, pearls and diamonds of good quality. High-grade gold jewelry is an eternal treasure that does not corrode and rust, and has certain collection value. Mid-range and mid-range jewelry is made of K gold, with ordinary and semi-precious stones, such as jadeite, ruby, sapphire, malachite, turquoise and pearls. This is a popular gold jewelry.
Generally speaking, the buyers and sellers of gold futures sell and buy back contracts with the same number as the previous contracts before the contract expiration date, that is, close positions, without actually delivering real money and silver. The difference between the profit or loss of each transaction and the contract sales. 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, with high leverage and a small amount of funds to promote large transactions. Therefore, gold futures trading is also called "margin trading".
6. Option is the price agreed by the buyer and the seller in the future, and it has the right but no obligation to buy a certain number of targets. If the price trend is favorable to both buyers and sellers of options, they will exercise their rights and make profits. If the price trend is unfavorable to it, it will give up the right to buy, and only the cost of purchasing options at that time will be lost. At present, there are not many gold option markets in the world, because the investment tactics of gold option trading are numerous and complicated, and it is not easy to master.
7. Platinum is one of the rarest jewelry metals in the world. Only a few places in the world, such as South Africa and Russia, produce platinum, with an annual output of only 5% of gold. So rare, it is no wonder that owning platinum feels precious, and it is no wonder that the famous designer Louis Cartier called platinum "the king of precious metals"!
8. Precious metal coins mainly refer to gold and silver coins (there are platinum and palladium coins in the former Soviet Union, but the quantity is very small). There are four kinds of gold and silver coins: gold and silver circulating coins, gold and silver commemorative coins, gold and silver trading coins and pure gold and silver coins (or gold and silver ingots). Most of the earliest coins were precious metal coins. Because gold and silver are uniform in texture and easy to combine and separate, it is convenient to realize the value scale; Small size, great value, easy to carry, easy to implement circulation and payment means; Hard and durable, not easy to wear, lovely color, suitable for preservation, easy to implement storage methods, so "gold and silver are naturally not money, money is naturally gold and silver."
At present, the gold spot trading place allowed by domestic laws is limited to Shanghai. If it is operated by an official institution, it is a legal enterprise. If not, it is not necessarily illegal, because there seems to be no clear relevant regulations in the country at present. If you are not familiar with it, you'd better know more about the people who are already operating.
There are many kinds of gold investment, and the best one is AUT+D business launched by Shanghai Gold Exchange.
Investment value and advantages of gold
Gold investment value
1. Eternal value (save):
Paper money depreciates due to inflation, and gold itself is not a universal equivalent without debt. The wealth of the holder is constant. For hundreds of years, the price of suits in the famous tailor street in Britain has been at the level of five or six ounces of gold, which proves that the purchasing power of gold remains unchanged.
2. High liquidity: cash anytime, anywhere.
Gold is recognized as a medium of trade all over the world. Holding gold can be easily converted into local credit currency in any country in the world, and even gold can be directly used for commercial trade settlement. Just like Vietnam during the financial crisis in 1997, many real estate developers prefer buyers to use gold for real estate transactions.
3. Low maintenance cost: no maintenance and no depreciation.
There is no distinction between old and new gold, and the gold content directly represents the quality of gold. The storage of gold does not need our daily maintenance, and the bank safe business also facilitates the trading and storage of a large amount of gold by ordinary investors, while almost all other real estate involves maintenance and depreciation.
4. Fight inflation:
Gold is the best financial product against inflation because of its constant value. On June 30, 2002 10, the transaction price of AU99.99 on the first day of trading in Shanghai gold exchange was 83.68 yuan/gram. In May 2006, it rose to 186.50/ g, with an increase of 122.87%. Look at the housing price in Beijing: in 2002, it was 4,764 yuan per square meter (Beijing Bureau of Statistics). In the first half of 2006, the average pre-sale price was 7894 yuan per square meter, with an average increase of 65.7%.
5. Reasonable tax avoidance:
Because gold trading is basically tax-free in the world, it is often used as a reasonable means of tax avoidance by enterprises and individuals. It is also a good way to inherit wealth. We know that high taxes will be levied on induced labor at home and abroad in the future. If you use gold to inherit wealth, you can achieve the purpose of reasonable tax avoidance.
Investment advantages of gold:
1. The gold market is the fairest.
The maturity and effectiveness of the gold market make it the fairest, just and open trading market. It is a global market, and no country or institution can manipulate it through any fundamentals, which is unmatched by China's current securities market. In this market, the information is still not symmetrical enough for the bookmakers to turn their hands into clouds and cover their hands for rain.
2. Flexible choice of trading direction
Different from many other forms of investment, investors can choose to conduct two-way trading, that is, they can buy when the price of gold rises, or they can sell when the price of gold falls, and then buy at a low price, and they can also get the difference profit.
3. Leveraged trading
Leveraged trading is to buy and sell the gold of contract units in the form of a certain proportion of advance payment. Investors only need to use a small amount of advance payment to complete several times the actual amount of investment, and their investment income has also been amplified by the same multiple (or leverage), making it more convenient for investors to buy and sell gold.
4. Free to choose whether physical delivery is required.
In the whole process of gold trading, investors can decide whether to withdraw physical gold at any time according to the contract. Investors can close their positions, and the corresponding profits or losses will be directly increased or deducted from the margin; Investors can also make up the enlarged amount of leveraged investment and directly extract physical gold.
Characteristics of gold investment
Price transparency
According to the fluctuation of the international gold market, the price quoted in RMB is fair and transparent, and no one manipulates it.
It is easy to capture the opportunity of gold price fluctuation.
Trading has a leverage effect, and investors can profit from the fluctuation of gold price more favorably by adopting the long-short two-way mechanism, without ups and downs.
Increase night market transactions
Monday to Friday,10: 00-1:0013: 30-15: 30, 2100 to 2:30 the next morning.
Low trading starting point
The starting point of trading is1000g per lot, and the trading quantity is an integer multiple of1000g.
Low prepayment rate
The advance payment of each hand is about 20,000 RMB, and there is no need to increase the advance payment overnight, so the capital utilization cost is low.
Convenient trading method
We provide online self-service trading, quick inquiry and trading. There are no geographical restrictions, just need a network to operate.
Short settlement time of funds
Many transactions can be done every day, and there are more investment opportunities. Real-time settlement, convenient inquiry and quick withdrawal of funds.
Low investment cost
The handling fee is one thousandth of the transaction cost per lot, and the investment cost is low.
Arbitrary settlement during the opening period
The trading hours of the two-way opening system directly supervised by the Shanghai Gold Exchange under the custody of the fund bank are:
The requirement is not high, 30 thousand RMB is fine, but the risk is great. A minimum of 50,000 RMB is good, which can control the risk well. Account opening, guidance, information and so on are all free, but it should be noted that this must be a member of Shanghai Gold Exchange/Dou Huaiya QQ: 472070 158.
MSN:su2908_love@hotmail.com
Moreover, the company has agents in many places in China, and they can ask for information for free if necessary.