1, product concept
Physical gold is a kind of metal with monetary properties, which mainly includes physical gold investment such as gold bars, gold coins and gold ornaments. Comparatively speaking, the investment value of commemorative gold products is higher.
Paper gold is a personal voucher-type gold investment product, and there is no physical object. Investors buy and sell "virtual" gold on the books, and get expected returns through the rise of gold prices.
Gold ETF is an open-end fund publicly issued by fund management companies, generally operated by professionals, which is equivalent to indirectly investing in gold.
2. Investment threshold
Physical gold is mainly purchased through commercial banks, and the investment threshold is generally from100g; Paper gold has a low threshold, and the lowest 1 g can be used for investment transactions; Gold ETF is calculated by fund share, and the investment threshold is generally110 ounce, that is, 3. 1 gram.
3. Trading time
Because physical gold needs to be purchased in a physical bank or a gold shop, the trading time is the business hours of the outlets; Paper gold can be traded through online banking, mobile banking or counters, so it is basically traded 24 hours a day and has strong liquidity; Gold ETF needs to be traded on the securities trading platform, so it has a fixed trading period, depending on the trading platform.
4, extract the real thing
Paper gold can only be traded, and generally does not provide physical gold extraction, while gold ETF is generally supported by physical gold, which can be extracted after reaching a certain amount.
The above contents about the difference between physical gold, paper gold and ETF hope to help everyone. Warm reminder, financial management is risky and investment needs to be cautious.