As for the fixed investment in gold by Bank of Communications, the purchase fee is calculated at 0.5% of the fixed investment amount, and at maturity it is calculated at 1.5% of the transaction amount (there is a discount for opening new accounts now, 1%). That is to say, if the monthly investment is 1000 yuan, the buying fee is 5 yuan, and the selling fee is at least 15 yuan.
If the fixed monthly investment is 1000, and it is stipulated that the fixed monthly investment will be made on the 6th, then on the 6th of each natural month, the system will automatically buy gold from the cash of 1000 yuan in your account according to the closing price of Shanghai Gold Exchange (the most authoritative gold exchange in China) on that day. If the price of gold is 333 at the time of your first fixed investment, the total amount of gold in your account in the first month is 3 grams (1, 000 yuan divided by 333 yuan/gram), and in the second month, 1 or 1, 000 yuan. At that time, if the price of gold fell, it fell to 300 yuan (all assumptions are convenient for calculation, and the fluctuation of gold will not be so great).
Then in the second month, you can buy 3.33 grams of gold. The third month, it's still the same. Take 1 0,000 yuan to buy gold according to the closing price of the gold exchange on the scheduled investment day. The cumulative number of grams is several grams, and it needs to be accumulated at least 12 times. It is not required to accumulate continuously every month, but the number of times cannot be less than 12.
If there are 40 grams of gold in the account at maturity (that is, after the fixed investment times are greater than or equal to 12 times), it can be converted into cash or 40 gold bars or gold ornaments according to the gold price at maturity.
In June, the price of gold was higher at 5438+ 10, and only 3 grams could be bought at 1000 yuan. In the second month, gold fell, but the number of grams of gold bought increased, and 3.33 grams could be bought. In other words, it is cost-effective to exchange cash when gold rises, and it is cost-effective to exchange physical gold when it falls. Gold has fallen a lot recently. It was around 350 before, and it was 32 1 at the close on Friday, which was very low and could be sold.
Extended data:
Bank of Communications's fixed investment in gold can also be called zero deposit and lump-sum withdrawal of gold. Buy gold at a fixed monthly interest rate according to the closing price of Shanghai Gold Exchange AU9999. 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.
Since the gold purchased is directly purchased at the price of Shanghai Gold Exchange AU9999, there is no handling fee. Therefore, the grams of gold purchased will change with the fluctuation of gold price, which can effectively reduce the price risk. Adopting the method of regular quota can achieve the purpose of compulsory savings and convenient financial management. Because it can be converted into gold bars or jewelry, it is also a good way to accumulate money.
Gold investment fee of Bank of Communications: the subscription fee is 0.5% of the transaction amount, and the maximum redemption fee is 1.5%.
Baidu encyclopedia? -Fixed investment in gold