Buy gold according to investment characteristics

As the price of gold continues to rise, personal gold investment has become a hot spot. Financial products related to gold investment are being launched. What kind of gold product is more suitable for them is the first thing people must consider before investing. The main types and characteristics of gold investment from trading parties. With the continuous rise of gold prices, personal gold investment has become a hot spot. Financial products related to gold investment are being launched. What kind of gold products are more suitable for them is the first thing people can invest in. To be considered. Main types and characteristics of gold investment There are currently two types of gold investment types in the market, divided into transaction methods and delivery methods. The first category is account gold products (also known as paper gold), which record investors’ buying and selling behavior and shares held by electronic accounting. Investors buy low and sell high to obtain the difference in gold price fluctuations. Generally In this case, the physical object cannot be extracted. Its advantages are low transaction cost and convenient operation, which is more suitable for investors who have the conditions to pay attention to the gold price trend in the gold market, especially investors with foreign exchange trading experience. The institutions that provide such transactions are mainly commercial banks and gold exchanges. The second category is a series of physical gold investment products. At present, there are many such varieties, including various gold bars, gold coins, gold medals, and gold jewelry. Its characteristics are suitable for value preservation and avoidance, collection and gifting, and suitable for medium and long-term stable investors. As physical gold increases processing fees, transportation insurance fees, taxes, etc. relative to account gold, its investment convenience and profitability are not as good as account gold. In the past, investors could only buy physical gold products in gold jewelry stores or large shopping malls. Now, investors can also buy and sell at commercial banks. What preparations need to be made before investment Since account gold investment generally cannot be withdrawn in kind, obtaining spread returns has become the main investment goal. Therefore, investors first need to master some basic knowledge of gold investment, such as political and economic factors that affect gold prices, and technical methods to analyze price trends; secondly, investors must have their own risk tolerance, profit expectations, and asset allocation ratios. Wait until you know it. Let's give it a try next. There are currently two main types of physical gold products on the market, investment and commemorative. If it is used for investment, it is necessary to focus on factors such as the price of the product and whether it has repurchase channels; if you choose a commemorative product for collection or gift, you should focus on factors such as the commemorative value of the product, whether it is sold in limited quantities, and the production process. In addition, whether it is an investment type or a commemorative type, choosing products from a high-reputation company will have a higher guarantee for product quality, after-sales service and future circulation. Previous: Men love pure gold jewelry Next: How to buy high-end gold jewelry