Features: Although gold bars and nuggets will also charge some manufacturing and processing fees, such processing fees are usually very small, but if they are commemorative gold bars and nuggets, their processing fees are relatively high, such as the once popular "Millennium Commemorative Gold Bar", with a relatively high premium. The advantage of low processing cost of gold bars and nuggets is that the extra cost is not high (mainly commission, etc. ), gold bars and nuggets are very mobile and can be bought and sold easily all over the world, and most areas do not levy transaction tax, and quotations can be obtained all over the world. The disadvantage is that investing in gold bars and nuggets will take up more cash, storage costs and security considerations, which is more troublesome.
Suitable investment target: people who have more idle funds for long-term investment, do not care about short-term fluctuations in gold prices, and have a preference for traditional investment methods.
Second, pure gold coins
Features: Generally speaking, investing in pure gold coins is not much different from investing in gold bars and nuggets. When buying pure gold coins, investors should pay attention to whether there is a denomination on the gold coins. In general, pure gold coins with denominations are more valuable than pure gold coins without denominations. The advantage of investing in pure gold coins is that because the size and weight of pure gold coins are different, investors have more choices, and a small amount of money can also be used for investment, and the liquidity of pure gold coins is also very good, so there is no problem of cashing out. But the disadvantage of pure gold coins is that they are more difficult to preserve than gold bars and nuggets. If pure gold coins can't collide and deform, try to keep the original packaging, otherwise they will bargain when selling, and so on.
Suitable for investment objects: investors who have certain appreciation requirements for gold coins can flexibly control the scale of investment funds.
Third, gold and silver commemorative coins
Features: Gold and silver commemorative coins are the key investment targets of coin lovers. Its main advantage is that although gold and silver commemorative coins are also made of gold and silver, they have aesthetic characteristics in the art field because of their strict selection of materials, difficult technological design and manufacturing, and relatively small circulation, and because of their rich content and rich pictures, they convey a lot of information, which greatly improves the investment value of gold and silver commemorative coins. However, investment in gold and silver commemorative coins should take into account its disadvantages, that is, the premium of gold and silver commemorative coins in the secondary market is generally high, far exceeding the value of gold and silver materials themselves; In addition, the overall operation feature of China coin market is that the bull is short and the bear is long. Once the market is hot, investors will suffer heavy losses. In addition, China's postal currency card market is known as the "policy city", so the risk of policy regulation is also great. In addition, investing in gold and silver commemorative coins requires more professional knowledge than investing in pure gold coins or gold bars.
Suitable investment targets: those who pay more attention to the collection value of gold coins and know more about the market and knowledge of gold and silver commemorative coins.
Fourth, gold and silver ornaments
Features: In fact, few people will invest in gold and silver jewelry with special investment targets, because from the investment point of view, the income risk of investing in gold and silver jewelry is relatively poor. However, gold and silver ornaments are still worth talking about because of their outstanding practical advantages and high aesthetic value. Investment in gold and silver products generally do not choose gold and silver jewelry. The main reason is that the price of gold and silver jewelry is quite different when buying and selling, and the price of many gold jewelry is quite different from its intrinsic value. Because gold is soft, gold jewelry is generally made of gold alloy. Common gold alloys are 24K, 18K, 14K, etc. In addition, goldsmiths or jewelers have to make great efforts to process everything from gold nuggets to gold ornaments. After they are produced, they will be taxed as a handicraft, and when they finally reach the buyers, the profits of manufacturers, wholesalers and retailers will be added. These costs must be borne by consumers, and the price will definitely exceed the price of gold itself. Moreover, in people's daily use, gold and silver jewelry will always be worn and collided to varying degrees. If you sell the old gold and silver jewelry, its price will naturally drop a lot compared with when you bought it. Even so, gold and silver jewelry can still be partially preserved after reaching the use value, which is a major feature that distinguishes gold and silver jewelry from other gold and silver products. From the investment point of view, the disadvantages of gold and silver jewelry are relatively high purchase cost, poor liquidity, difficulty in realizing or large losses when realizing.
Suitable investment target: Young people who catch up with fashion pay more attention to the use value of gold, and usually do not consider investing in the preservation and appreciation of gold varieties.
Five, paper gold
Characteristics: Personal investment in gold can be summarized into two forms, namely paper gold and physical gold. The so-called paper gold is voucher gold, which can also be called "bookkeeping gold". Paper gold business generally cannot extract physical gold, and there is no need to pay taxes. This is a kind of virtual gold on the books. Banks do not pay interest on the gold deposited by individual speculators in their gold investment accounts, nor do they charge safekeeping fees. But the cash in the account is calculated according to the current savings rate. Paper gold investment is similar to foreign exchange investment in essence, and both make profits by earning the bid-ask price difference. Investing in paper gold has the advantages of simple operation, high capital utilization rate, lower handling fee than buying and selling physical gold, and no need to worry about custody. It is the main form of modern investment speculation. The disadvantage is that because the fluctuation of gold price is influenced by many factors, short-term speculation is inherently difficult, and it is difficult for such short-term operations to achieve a good return on investment.
Suitable investment target: people who have time to study the trend of the gold market and have time to carry out specific operations, hoping to obtain the price difference through frequent changes in gold prices.