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 and gold advance payment, which are seven kinds of gold investment forms that can be made at present.
1. Gold T+D: With the leverage ratio of 1: 10 to 1: 15, the transaction is divided into three time periods, and it is a two-way transaction. There is no spread. The disadvantage is that the transaction is inactive and there is a premium. You can choose a bank or a formal agent.
2. Paper gold: Paper gold is a unique business of China Industrial and Commercial Bank of China. Paper gold is a paper transaction of gold, and the transaction record of investors is only reflected in the "gold passbook account" opened by individuals in advance, and does not involve the withdrawal of physical gold. The profit model is to buy low and sell high, so as to obtain the difference profit. Paper gold is actually profitable through speculative trading, rather than investing in physical gold.
3. Physical gold, by buying and selling gold bars, gold ornaments and so on. Buy and sell gold in kind. Physical gold: in the form of 1: 1, that is, no matter how much gold you buy in any currency, you can only buy up, but you can't buy down, which is a big investment and complicated procedures and expenses.
4. Spot gold: the domestic handling fee standard is about 7/ 10000, and it is traded 24 hours a day. The time and price are in line with the international gold price market. The T+0 trading mode operates in both directions, and the leverage ratio standard is 1: 12.5. It is the only investment product in China that adopts the market maker system and can extract physical gold.
5. International spot gold: commonly known as London gold, spot gold is also known as speculative London gold or international gold. The leverage ratio is about 1: 100, and there is no time limit. Online trading, T+0 trading form, 24-hour continuous trading from Monday to Friday, two-way buying up and buying down. The gold code is XAU dollars or gold.
6. Futures gold: refers to a futures contract with the gold price in the international gold market at a certain time in the future as the trading target. The profit and loss of investors buying and selling gold futures is measured by the difference between the time of entry and exit, which is the physical delivery after the contract expires.
7. Precious metal is another name for gold, and it is usually called precious metal in the stock market.
8. Gold advance payment: Gold advance payment business, also known as gold extension business, is a relatively mainstream gold investment method in China. For example, at present, the gold advance payment business launched by the northern gold and silver industry uses 25 times or 50 times leverage, and only needs to pay 2% or 4% advance payment to realize the purchase and sale of the gold target contract, and the position is delivered through the e-commerce system to achieve the purpose of obtaining the price difference.