On May 24, the first gold website reported that in recent years, with the constant fluctuation of the global economy, the importance of gold as a safe haven asset has become increasingly prominent. So, what is paper gold? How to buy and invest? This article will give you a detailed answer.
Paper gold, also known as gold certificate or gold passbook, is a gold certificate issued by banks or financial institutions. Paper gold can be used to withdraw physical gold at any time, or it can also be used in gold Gold price When Gerber moves, he buys and sells to earn the price difference. Paper gold investment originated in the United States in the 1960s, and then gradually became popular in Europe, Japan and other regions.
1. Select a bank or financial institution
To buy paper gold, you need to choose reliable banks or financial institutions. Generally speaking, large commercial banks and professional gold investment institutions provide paper gold investment services, and investors can choose according to their own needs and preferences.
2. Opening an account
After selecting a bank or financial institution, you need to open a paper gold account. Generally, the account opening needs to provide relevant information such as identity certificate and contact information.
3. Source of funds
The purchase of paper gold requires a certain amount of capital investment, and investors can remit the funds to the paper gold account through bank transfer, cheque, credit card and other means. It should be noted that different banks or financial institutions may have different requirements for the source of funds.
4. Start buying
After the paper gold account is opened and the funds have been received, investors can start to buy paper gold. According to market conditions and individual needs, investors can buy or sell within an appropriate price range.
For ordinary investors, it is very important to choose a reasonable paper gold investment strategy. Here are three common investment strategies for investors:
1. Long term investment strategy
Long term investment strategy is a long-term stable investment method, suitable for investors who have a deep understanding of the gold market. When implementing the long-term investment strategy, investors should pay attention to the global economic situation, inflation, monetary policy and other factors in order to accurately grasp the long-term trend of gold prices. At the same time, investors should formulate reasonable investment plans according to their risk tolerance and capital status, maintain a calm attitude, and avoid blindly chasing up and down.
2. Short term investment strategy
Short term investment strategy is an investment method of high-frequency trading, which is suitable for investors with certain trading experience and capital strength. When implementing short-term investment strategies, investors should pay attention to real-time market quotations, technical indicators and news information, so as to timely capture trading opportunities. At the same time, investors should pay attention to controlling risks, avoid excessive trading and blindly following the trend, and maintain a calm mind and a stable mentality.
3. Fixed investment strategy
The fixed investment strategy is a kind of investment method with fixed period and quota, which is suitable for investors with certain savings and long-term investment needs. When implementing the fixed investment strategy, investors should choose the appropriate investment cycle and amount and stick to regular investment to diversify the risks brought by market fluctuations. At the same time, investors should pay attention to the market situation and their own situation, and adjust the fixed investment plan in a timely manner.
Taking the short-term investment strategy as an example, suppose an investor buys 100 ounces of paper gold on May 10, 2022 at a price of $1800 per ounce, and sells it on May 15 at a price of $1900 per ounce, with an investment cycle of five days.
Through calculation, the profit of the investor is:
Selling price - buying price=1900 dollars/ounce - 1800 dollars/ounce=100 dollars/ounce
Number of investments=100 ounces
Therefore, the total profit of the investor is: profit/investment amount=100 dollars/ounce * 100 ounces=10000 dollars
However, investment has not been smooth. If the investor buys 100 ounces of paper gold at the price of US $1800 per ounce on May 10, 2022, the gold price drops, and sells it at the price of US $1700 per ounce on May 15, 2022, then the loss of the investor is:
Buying price selling price=1800 dollars/ounce - 1700 dollars/ounce=100 dollars/ounce
Number of investments=100 ounces
Therefore, the total loss of the investor is: loss/number of investments=100 dollars/ounce * 100 ounces=10000 dollars
Through the above case analysis, we can see that the risks and benefits of short-term investment coexist. Therefore, investors should pay attention to risk control and capital management when investing in paper gold, and select appropriate investment strategies based on their own risk tolerance and investment objectives.
5、 Summary
As an important hedging asset and investment tool, paper gold has the characteristics of high liquidity and low risk. In terms of selecting banks or financial institutions, opening accounts, sources of funds, transaction costs, etc., investors should comprehensively consider their own situations and choose their own investment methods and strategies. When investing in paper gold, investors need to have certain market analysis ability, trading skills and risk awareness, pay attention to controlling investment risks, maintain a calm attitude and good investment discipline.
At the same time, investors should understand the relevant laws, regulations and trading rules of paper gold investment, and avoid participating in illegal and irregular trading activities. In the process of investment, investors should remain rational, not blindly follow the trend, and avoid blindly pursuing short-term high returns and ignoring potential risks.
Safe, fast and guaranteed futures account opening on Sina cooperation platform
Sina statement: This message is reproduced from Sina's cooperative media. The purpose of posting this article on Sina.com is to convey more information, and does not mean to agree with its views or confirm its description. The content of this article is for reference only and does not constitute investment advice. Investors operate accordingly at their own risk.
Massive information, accurate interpretation, all in Sina Finance APP
