Precious metals investment sales: precious metals investment is divided into physical investment and electronic transaction investment.
Among them, physical investment refers to the process that investors earn the difference by buying low and selling high when they are optimistic about the precious metal market. It can also be a means to avoid risks when the economic outlook is not optimistic, and realize the preservation and appreciation of assets.
Electronic trading refers to the decision to buy or sell precious metals such as gold and silver according to market price fluctuations. This kind of transaction generally has leverage, which can make a big return at a small cost.
Because the reserves of precious metals in the world are certain, precious metals can be used as a tool to preserve value. Therefore, precious metals have a good hedging function and can be used to fight inflation; At the same time, the gold world is popular, and it is difficult to be manipulated in the market and it is not easy to cause a crash; There is no problem of depreciation, and trading can be carried out 24 hours a day, five days a week, so that investors have more investment opportunities.
Physical gold investment has two disadvantages: first, it must pay for storage and security, and there is no interest income from holding gold.
trading place
Gold shops, jewelry stores and central banks around the world.
Profit calculation
Profit paid: (opening price-closing price) * contract lots * contract turnover.
Selling profit: (closing price-opening price) * contract lots * contract turnover.
For example:
If the current gold price is 375 yuan/gram, if you take 1 hand and close the position when the gold price rises to 385 yuan/gram, the profit of the investor 1 hand with multiple orders will be * * *: (385-375) *1000 *1=/.
paper gold
Paper gold trading is a service provided by banks, and it is an account with precious metals as the unit. It does not buy and sell in kind, but invests in gold by bookkeeping, so it does not involve the delivery of physical gold and the transaction cost is lower.
Gold futures
The buying and selling of gold futures is to sell and buy back contracts with the same number as the previous contracts before the contract expires, that is, to close positions without actually delivering real gold. The profit or loss of each transaction is equal to the difference between two contracts in opposite directions.
Gold futures contracts only need a margin of about 10% of the transaction amount as the investment cost, which is highly leveraged, so gold futures trading is also called "margin trading".
The trading contents in the gold futures market are basically similar, mainly including margin, contract unit, delivery month, minimum fluctuation limit, futures delivery, commission, daily trading volume and commission order.
Spot trading platform
Spot trading is a leveraged investment method that conducts two-way trading through the Internet according to the real-time market of the international gold market. It means that investors can buy gold to go up or down, so that no matter how the price of gold moves, investors always have a chance to make a profit.
There are several precious metal exchanges in China, and the qualified ones are generally approved by provincial or sub-provincial local governments. Among them, there are many differences in system and mechanism in the form of filing in the State Council, which can be chosen by investors.
Generally, dealers set up or recruit member units and agents to serve investors.
time
Except for international legal holidays and the international market is closed, it is from 8: 00 a.m. on Monday to 4: 00 a.m. on Saturday, in which 4: 00 a.m. to 6: 00 a.m. on the trading day is generally the closing time for settlement, and the specific closing time for opening from 4: 00 a.m. to 5: 00 a.m. is subject to the notice of the exchange.
way
1. Investors can conduct spot full transactions and spot deferred settlement transactions with comprehensive members by telephone or online, and can do more or short, and implement the T+0 trading system.
2. For spot full transaction, RMB equivalent to the purchased gold bars must be deposited in the account. The purchased gold bars can be picked up or sold again, and the picked gold bars can be sold at the comprehensive member counter.
3. The spot deferred delivery transaction refers to the transaction of buying and selling gold bars at the spot price and delaying the physical delivery to any working day after the second working day. Pay a certain percentage of deposit during the transaction. If physical delivery is required, the remaining amount needs to be settled. The minimum transaction volume is an integer multiple of 1kg, and most platforms mainly rely on contracts around 15kg.
4. Both spot full transaction and spot deferred transaction can provide delivery information to comprehensive members, and extract or deliver physical gold bars. At the same time, it is necessary to pay delivery fee and delivery fee (for example, a trading platform is RMB per gram 14 and RMB per gram in 6 yuan), and the cost of physical delivery is much higher than that of spot deferred delivery transactions.
5. The trading system is mostly a market maker system, which is a kind of securities trading system different from the bidding and matching trading method, and is generally adopted by the OTC market. Market-maker means that in the securities market, a securities business legal person with certain strength and credibility acts as a franchise dealer, constantly quotes the buying and selling price of a certain kind of securities to public investors, and accepts the buying and selling requirements of public investors at this price, and trades securities with investors with their own funds and securities. Market makers maintain market liquidity and meet the investment needs of public investors through this continuous trading. Market makers compensate the cost of providing services through appropriate bid-ask spreads and realize certain profits.
6. Transaction costs. In the process of participating in the transaction, investors need to pay handling fees, warehouse rents, delivery fees and so on. The handling fee shall not exceed 7/10000 of the transaction amount, of which 3/10000 is charged by the exchange and the rest is charged by the comprehensive members. The standard of warehouse rent income and expenditure shall be determined by the price supervision and management Committee of the exchange according to the actual situation. The delivery fee includes processing fee and transportation fee, and the charging standard is RMB per gram 14. The delivery fee includes inspection fee and recasting fee, and the charging standard is RMB per gram of 6 yuan. Delivery fee and delivery fee shall be collected by the comprehensive teller.