1 investors can go to bank outlets, consult account managers or choose enough products through the gold products displayed at the counter.
Investors fill in the purchase voucher, and the bank inquires about the price of gold and submits it to the system for purchase.
Investors settle funds with banks, and banks register information on gold products.
After the settlement is completed, the bank will deliver the gold products, invoices and related certificates to the investors.
The investment varieties in the gold market are mainly divided into physical gold investment and gold investment derivatives derived from physical gold. Derivatives mainly include gold futures and gold options, and physical gold investment mainly includes gold bars, coins and gold ornaments.
Gold bars come from ancient currency circulation and are more used in the fields of collection and investment. Major banks and financial institutions around the world reserve and circulate their own signature gold bars, such as the standard gold bars of Shanghai Gold Exchange.
Gold bars are divided into ounces of gold and grams of gold, and the international gold bar is 400 ounces (12.5 kg).
Gold jewelry:
From the perspective of value orientation, gold jewelry is mainly reflected in the ornamental value. Due to the high processing cost and process cost and the profit demand of the enterprise itself, the price premium is higher than that of gold raw materials, and its premium range will generally exceed 20%. However, if gold jewelry is to be realized, it will face a high discount, and the discount rate will often exceed 30%. If gold ornaments are directly sold back to general gold shops, their prices will be far lower than those of gold raw materials with the same gold content in the same period of Shanghai Gold Exchange. Therefore, as a pure investment, gold ornaments are not suitable for gold investment, and it is difficult to realize the guidance of gold investment value [1].
Gold coins:
What about the value orientation of gold coins? Gold coins are divided into two categories: one is gold coins purchased by collectors at a price far higher than the gold content of gold coins. The price fluctuation of this kind of gold coins is not frequent, mainly including limited sample coins, commemorative gold coins and ancient coins. The value of this kind of gold coins is mainly reflected in the collection value, and it is difficult for ordinary investors to grasp its value, which often leads to a higher premium. Another kind of gold coin refers to gold coins bought and sold by gold investors at a price slightly higher than the gold content of gold coins, which is called ordinary gold coins and can widely reflect good investment value. Ordinary gold coins started from 1970, and are the main investment gold coins in the world. The common gold coins in China are mainly panda gold coins. However, due to the limited openness of China's gold market, the circulation of panda gold coins in China is still mainly formed spontaneously by retailers, so it is still large. In addition, the gold coins commonly used in the world mainly include the maple leaf gold coins issued by South Africa 1970 in krugerrand and Canada 1979 in Canada, the eagle eagle gold coins in the United States, the kangaroo wealth gold coins in Australia and the Vienna Philharmonic Orchestra in Austria.
Gold bars:
What is the value orientation of gold bars? Gold bars are similar to gold coins and are mainly divided into commemorative gold bars and general investment gold bars. Commemorative gold bars are generally issued at a price higher than the value of their gold raw materials, and the price is generally fixed. For example, the New Year's gold bars in China and the Olympic gold bars in 2008 are all dedicated commemorative gold bars. The main difference between ordinary investment gold bars and ordinary gold coins lies in the different specifications. There are usually four types of typical common gold coins: 1 ounce, 1/2 ounce, 1/4 ounce and110 ounce. The specifications are generally small, but there are also 1 kg and 10 oz. The specifications of gold bars are larger than those of gold coins.
At present, China gold investors often have misunderstandings when choosing gold bars and coins for investment. It is believed that as long as gold bars and coins have the same price, the same quality and the same investment function, they are not.