Although the capital market is still somewhat depressed, the gold market has soared and the gold industry has also experienced daily limit. Indeed, during the market downturn, people will buy some gold to hedge their investments, and many investors are eager to participate. So how do ordinary investors buy gold? Let's have a look.

Current situation of gold and gold market

After the international gold price entered 20 15, it soared all the way. The gold price in new york market rose from $0/200 per ounce to $0/300 per ounce in less than a month. Statistics show that the price of gold futures in new york market has increased since 20 15. On June 24th last year, the price of gold broke through the $0/400 mark per ounce, and its value has been rising. So is it really worthwhile for investors to buy gold?

Is it worthwhile to buy gold for financial management?

In fact, gold is the representative of safe-haven assets, and it is generally not used as the main investment tool. However, if gold investment is used properly, it can achieve the function of maintaining value and balancing risks, and make assets more valuable. In general, the trend of gold is negatively correlated with the global economy, so gold, as a part of asset allocation, can account for 5%- 10% of the total investment.

Physical gold is an asset that is easy to buy but not easy to buy. For physical gold, its processing fee and storage fee are very expensive, and the value fluctuation of gold itself is also restricted by the market. So for ordinary investors, investing in physical gold is not introduced.

So the golden opportunity was given up? In fact, besides physical gold, there are many ways for ordinary investors to invest in gold.

1, Internet gold products

Many internet platforms sell gold products on commission and buy non-physical gold. The expected return fluctuates with the fluctuation of gold market value, saving time cost and intermediate cost.

2. Gold ETF fund

It is a fund product linked to gold, which changes according to the change of gold market value. Its advantage is that there are professional managers to carry out investment operations, the initial investment threshold is low and the transaction cost is not high.

All the above opinions about whether it is cost-effective to buy gold for financial management are for reference only, and I hope they will help you. Warm reminder, financial management is risky and investment needs to be cautious.