Banks, exchanges, gold shops

Channels to buy gold bars

First of all, the best place is to go to the bank to buy gold bars

Bank There are a large number of spot gold bars that can be withdrawn at any time. As long as users bring their ID cards and bank cards, they can go to the business outlets to pick up the gold bars on site. Since gold bars are valuable items, they generally need to be properly kept. During transportation, security work must be strengthened. Private storage of gold requires a safe place.

Secondly, go to the exchange to buy gold bars.

Many people have never thought of this place, and most of them don’t know about it because they rarely interact with exchanges and have never even heard of it. There are formal gold exchanges in our country. As long as you open a trading account with a futures company and make delivery at the appropriate price and time, you can withdraw gold bars from the exchange warehouse.

Finally, go to a gold store to buy gold bars.

In the eyes of many people, it is rare to see gold bars placed in the showroom. Most merchants store gold bars in the background. In the locker, if customers have special needs and purchase gold bars, they will be sold to customers.

Procedure verification for purchasing gold bars

1. Ask for the seller’s value-added tax invoice, or national inspection certificate or factory quality certificate, and clearly see the steel stamp on the gold bar: gram weight, G999.9 , brand trademark, gold bar number.

2. Check the national inspection certificate number on the official website of the National Gold and Silver Inspection Center.

3. Check the authenticity of the VAT invoice on the official website of the State Taxation Bureau.

4. Whether the deliverable gold brick and gold bar brand has been registered on the Shanghai Gold Exchange and Futures Exchange.

5. For the full name of the company on the invoice, check whether the company has a bad credit record, a record of being executed by the court, etc.

6. Check on the website of the National Trademark Office to see if the channel seller’s brand is sold in Category 14 Gold and Silver and Category 35 and whether it has a registered trademark.

Things to note when buying gold bars

Pay attention to the cost

What are the things to note when buying gold bars? When we buy gold bars and other physical gold, the first thing we need to pay attention to is Cost, because physical gold needs to be paid in full according to the real-time gold price when trading. If the gold price is 1,800 US dollars per ounce at this time, then when we buy 100 ounces of gold bars, we need to prepare a principal of 180,000 US dollars, which is equivalent to about 600,000 RMB. , and its cost price is undoubtedly unacceptable to the general public who use their spare money to invest. Therefore, when trading gold bars, we often need to do our best according to our own financial situation, and never use funds for daily expenses to enter the market heavily.

Pay attention to the trading direction

In addition, there is another thing to note when buying gold bars, that is, the direction of physical gold investment is often one-way, that is, investors can only buy up, not buy. If the price of gold falls, there will be profit opportunities only when the price of gold rises. Moreover, investment in physical gold usually requires a long term to generate profits, so it cannot bring us considerable returns in the short term.

So, if investors have a need for short-term value-added wealth, they may choose to enter the market with spot gold that does not require physical delivery and can be traded in both directions, so as to seize more profit opportunities. If we want to increase our profits, we can also use high-quality accounts such as Daejeon Global Micro Spread to quickly profit from the market with a lower principal investment and improve the overall profit effect.