Spot gold:
Latest price: 1795.94; change: -3.06; opening price: 1799.06; yesterday's closing price: 1799; buying price: 1795.94; selling price: 1796.34; highest Price: 1814.2; lowest price: 1795
Gold investment is mainly divided into physical gold, gold T+D, paper gold, spot gold, international spot gold (commonly known as London gold), futures gold, gold prepaid gold and Minsheng Gold has these eight popular forms of gold investment.
1. Physical gold, through the sale and purchase of gold bars, gold jewelry, etc. Physical gold: In the form of 1:1, that is, how much money you buy, how much gold maintains its value, you can only buy up, not down, the investment is large, the procedures are complicated, and the expenses are high. It is difficult to distinguish between true and false.
2. Gold T+D: Leverage ratio 1:5. Transactions are divided into three time periods. This is a two-way transaction. Adopt spread-free matching transactions. The disadvantage is that trading is inactive and there is a premium. You can choose your bank. The advantage is that banks provide it, but the disadvantage is that bank fees are too high.
3. Paper gold: Paper gold is a unique business of China, Industrial and Commercial Bank of China and China Construction Bank. Paper gold is a paper transaction of gold. Investors' transaction records are only reflected in the "gold passbook account" opened by individuals in advance and do not involve the withdrawal of physical gold. The profit model is to obtain price difference profits by buying low and selling high. Paper gold is actually about profiting from speculative trading, not physical gold investment. The advantage is that banks provide it, but the disadvantage is that there is no leverage and the cost is too high
4. Spot gold: The domestic service fee standard is about 7/10000. Adopting 24-hour uninterrupted trading, the time and price are in line with the international gold market, and the T+0 trading model. It can buy and sell in two-way operations. The leverage ratio is relatively low, 1:12.5. It is the only investment product in China that adopts a market maker system and can extract physical gold.
5. International spot gold: commonly known as London gold, spot gold is also known as fried London gold or international gold. Leverage updated to 400x. In 2013, the FXCM Global Gold Exchange leveraged gold up to 400, and foreign exchange up to 400, with no time limit. Online trading, t+0 trading, 24-hour continuous trading from Monday to Friday, two ways of buying up and buying down. The gold code is XAU_USD or gold can be simulated and learned, and the default simulated leverage is 200 times.
6. Futures gold: refers to a futures contract based on the gold price in the international gold market at a certain point in the future. Investors' profits and losses from buying and selling gold futures are measured by the price difference between entry and exit of gold. Upon expiration of the contract, physical delivery occurs.
7. Gold advance payment: Gold advance payment business, also known as gold deferred business, is the mainstream gold investment model in China. For example, the gold prepaid business launched by Northern Gold and Silver has a leverage of 25 times or 50 times. You only need to pay 2% or 4% of the advance payment to realize the purchase and sale of gold-targeted contracts. Opening and closing positions can be delivered through the e-commerce system to achieve the purpose of obtaining the price.
8. Minsheng Fund: "Minsheng Fund" is the "abbreviation" of the "Minsheng Fund Provident Fund Plan" business, which refers to the RMB-based transaction settlement currency provided by China Minsheng Bank for domestic individual customers to realize the withdrawal of physical gold. Gold investment business. Customers can buy at low prices and sell at high prices according to the fluctuations in gold prices, earning the difference or making an appointment to withdraw cash. The advantage is that banks can withdraw physical gold and enjoy the profits from gold returns and rising gold prices.