How to buy gold 5 ways to buy gold

Directory method 1: buy broken gold or waste gold 1, and manage risks. 2. Looking for gold from acquaintances. 3. Put a small advertisement in the newspaper. 4. Put an advertisement on Craigslist. 5. Pay attention to online auction. 6. Establish a payment relationship with the pawnshop. Method 2: Buy physical gold 1, and buy physical gold. 2. Choose the gold investment level. 3. Select the physical gold weight. 4. Find a suitable supply channel. 5. After finding out the fair price of gold at a certain moment, it is suggested to check the price from multiple credible channels. 6. The reasonable price of gold bars and coins is not higher than the general market price plus commission fee of about 1%. 7. It is best to put physical gold in a safe place such as a safe. Method 3: Buy gold futures 1, and think carefully before buying. 2. After opening a futures account in a commodity trading company, you can control the purchase of more gold assets than cash. Be careful when investing. 4. Buy gold futures contracts. When the contract expires, you can choose to withdraw profits or pay losses. Method 4: Buy gold exchange traded fund (gold ETF) 1, which tracks the gold and silver price index and can be purchased from stock brokers. 2. Maximize the use of brokers. Method 5: Key points of gold investment 1. Think clearly about why you choose gold investment. Since ancient times, gold has always been the darling of wealth investment. Even today, gold is still the most popular investment method among precious metals. Gold is convertible, portable and universal. This article will introduce four ways to invest in gold. You can decide which method is your best choice according to your personal situation, holding funds, investment objectives, risk tolerance and holding time.

Method 1: Buy broken gold or waste gold.

1. Manage risk. Collecting hoarded scrap gold has become a popular gold investment strategy. With the steady rise of gold price, buying broken gold is a low-risk investment channel. Investment period: unlimited

Investment characteristics: low risk-gold investment is the safest, and the potential income is much higher than the risk factors.

Suitable for people: first-time gold investors, or those who plan ahead.

2. Looking for gold from acquaintances. You can ask your family and friends if they have any unwanted gold products. In fact, everyone has some scrap gold that they are willing to convert into cash, such as broken gold necklaces, broken rings, missing earrings or other forms of broken gold. On the basis of ensuring the future value-added space, discuss with the other party to recover the broken gold at a suitable price.

3. Put a small advertisement in the newspaper. You can put a small advertisement in the classified advertisement column or recruitment column of the local newspaper. Most job seekers have financial difficulties. After seeing your advertisement for recycling broken gold, they can sell you extra gold wares.

4. Put an advertisement on Craigslist. This way is similar to newspaper advertising, but the difference is that the former is completely free and can attract more readers.

5. Pay attention to online auction. Gold products are likely to be sold at a much lower price than themselves, which makes gold products a popular investment tool. But please pay attention to the factors of tax and freight before bidding.

6. Establish a payment relationship with the pawnshop. You can tell the pawnshop your contact information, so that they can contact you once they receive the unwanted gold. This is because some small shops may not have gold refineries or don't want broken gold.

Method 2: Buy physical gold.

1, buy physical gold. Countries around the world, including the United States, have fiscal deficits every year, which affects the stable development of the economy. Physical gold is the only way to prevent the risk of economic fluctuations: investment period: long-term-even if the economy picks up, inflation will follow. Only gold can really resist inflation.

Investment characteristics: low risk-experts believe that if investment is compared to a pyramid, then physical gold should be located at the bottom of the pyramid.

Suitable for the crowd: also suitable for new investors.

2. Choose the gold investment level. You have the following choices: gold coins, gold bars and gold ornaments. Gold coins: before 1933, the gold standard was implemented. At that time, the value of gold coins depended on their own gold content, so the gold coins before 1933 kept the highest value. The price of some gold coins during the gold standard period did not rise excessively, because those gold coins only contained 90% gold. Specifically, it includes: British Shavrin gold coins, British Guinea gold coins, Spanish escudo, French 20 francs and 40 francs, Swiss 20 francs, and American Golden Eagle coins, with face values of $20, $5 and $20 respectively.

Among the above gold coins, the gold content of British Shavrin Gold Coin and American Eagle Foreign Coin is about 9 1%(22K gold), making these two coins unique collections. There are also some famous gold coins, including Canadian Maple Leaf Coin, Australian Kangaroo Coin, South African Kogru Gold Coin (Kogru is very popular in the gold coin market), and Austrian Symphony Coin with 24k gold.

Gold bars: The gold content of gold bars sold in the market is 99.5% to 99.99%. Famous gold refineries include Swiss PAMP Company, Swiss Credit Suisse Bank Company, Johnson & Johnson Feng Wan Company and Metalor Company. Manufacturers will engrave their names on the gold bars they produce.

Gold ornaments: Compared with gold coins and gold bars, the price of gold ornaments includes additional technology fees and design fees. Generally speaking, the investment of a gold jewelry below 14k is of little significance, and the future recycling will also be affected by its color. In addition, for those antique gold ornaments in movable property auction, if people can't see the value behind them or are unwilling to bid at all, the final transaction price of these ancient gold ornaments may be very low. However, many ancient gold ornaments have unique craftsmanship, which will increase the value of gold ornaments. So you can get objective future income by collecting this kind of gold ornaments.

3. Select the physical gold weight. Obviously, weight is directly proportional to price. In addition, you should also pay attention to whether you have the ability to safely store gold. Including American eagle coins, many of the gold coins mentioned above have four specifications: 1 ounce, 0.5 ounce, 0.25 ounce, 0. 1 ounce.

The specifications of physical gold bars are in ounces, including 1 ounce, 20 ounces and 100 ounces.

4. Find a suitable supply channel. Generally speaking, suppliers, brokers or banks have both gold coins and gold bars. When selecting suppliers, we should pay attention to the following information: previous historical transactions, whether there is certification from industry or government agencies, and what is the main business. The list of authorized dealers in united states mint can be used as a reference for your purchase. Buy gold online and use the online platform to get more information about gold investment.

If you want to buy gold products from jewelers, you should choose famous shops with a long history and word of mouth guarantee.

Many pawn shops also sell gold ornaments, but since the prices of the items sold by auction houses are calculated at current prices, you must evaluate them yourself.

5. After finding out the fair price of gold at a certain moment, it is suggested to check the price from multiple credible channels.

6. The reasonable price of gold bars and coins is not higher than the general market price plus commission fee of about 1%. Most dealers have restrictions on the minimum purchase quantity, charge a certain freight handling fee, and give more concessions to large orders. Please keep the proof of purchase and confirm the date of receipt before payment.

After buying gold ornaments, you should put all the receipts in a safe place. Remember that gold ornaments bought from auction houses need to pay commission and additional tax.

7. It is best to put physical gold in a safe place such as a safe. The storage method of physical gold is very important for investment. Only if you have proper safety measures can your investment be reassuring. You can choose a high-quality security mechanism or a third-party company to help you keep gold safely.

Method 3: Buy gold futures.

1, think carefully before buying. Those who are willing to take more risks will decide on gold futures. However, it must be noted that gold futures are somewhat like gambling, and people's speculation is much higher than investment. Investment: Unlimited-Ordinary investors' investment in gold futures reflects the short-term trend forecast of gold prices. But many smart investors will invest in gold futures for many years without interruption.

Investment characteristics: high risk-gold futures prices fluctuate frequently, which will cause losses to inexperienced investors.

Suitable for the crowd: experienced investors, almost all gold futures novices will lose money.

2. After opening a futures account in a commodity trading company, you can control the purchase of more gold assets than cash.

Be careful when investing. If the price of gold falls, you may eventually lose even the principal, including the commission fee paid.

4. Buy gold futures contracts. Gold futures contract takes gold as the contract target, and it is agreed that both parties will deliver gold at a certain price at a certain time in the future. For example, a two-year 100 ounce gold futures contract is worth as much as $46,600, but now you only need to pay the option fee of 3%, which is 1350. Commodity trading companies charge commissions every trading day.

The gold futures contract unit of this exchange is 100 moz.

Electronic trading on the Chicago Board of Trade can also trade gold.

When the contract expires, you can choose to withdraw profits or pay losses. Investors can also convert futures into cash (manual circulation). However, most traders tend to hedge their positions before the contract expires, rather than physical delivery. Compared with the actual value of the subject matter of the futures contract, investors only need to pay a relatively small proportion of the option fee. The profit and loss of their investment depends entirely on the performance of the subject matter. If the price of gold appreciates relative to the local currency, everyone will be happy. If the gold price depreciates relative to the local currency, you will lose the investment principal. The worst case is that when you can't even pay the commission, you can't sell the contract to the next investor at all, and you can only lose more. In short, gold futures can be hedged or profited by speculation, but it is not the best choice to increase savings.

Method 4: Buy a gold exchange traded fund (gold ETF).

1, the gold exchange trading fund tracks the gold and silver price index, which can be purchased from stockbrokers. For example, a gold exchange traded fund is like a derivative contract that tracks the target price, but you don't have the actual ownership of the gold target. There are two typical gold exchange trading funds: Golden Pulse Index Trading Fund and Primary Golden Pulse Company Trading Fund. The former's open-end fund refers to the gold vein index, copying its pre-tax income and the price after deducting expenses. The fund's investment types include large and small gold mining companies around the world.

The latter kind of open-end fund began in 2009 and is very popular among investors who want to invest in gold indirectly. Unlike vein index funds, this trading fund invests in small companies that are looking for new mines. Because these companies are in the growth stage, they will increase investment risks.

Investment period: short-term-because the expenses will be deducted from your gold account every year, this gold investment method is suitable for short-term investment.

Investment characteristics: moderate risk-considering the short investment period of gold exchange trading funds, the corresponding risks are relatively reduced.

Suitable for people: experienced investors, mainly hedge funds and short-term traders.

2. Maximize the use of brokers. You can choose to buy gold exchange trading funds with brokers who buy stocks. For example, SPDR Golshares ETF Fund and Ishares Gold Trust of new york Stock Exchange. A good gold exchange-traded fund, while ensuring the high liquidity of similar stocks, takes the gold price as the tracking index. Please note that owning a gold exchange-traded fund does not mean that you actually own gold. So some gold advocates think that this is an investment tool and it is not very interesting.

The disadvantage of another gold exchange trading fund is that trading funds need to pay commissions, just like stocks. In addition, the capital gains of the fund must be taxed.

Method 5: Key points of gold investment

1, think clearly why you choose gold investment. People should know the value of gold investment before investing in it. Gold has always been regarded as a symbol of value and a tool for investment hedging. Usually, the reasons for gold investment include the following aspects: the market demand for gold is strong. You don't have to worry about not selling gold assets in the future, which is far better than other antiques or collectibles. The latter will gradually depreciate in the market because of its fashionable style and outdated design style.

Gold fights inflation and prevents currency depreciation. The government will invest heavily in gold when the economy declines, and the price of gold in a country is directly proportional to the amount of debt.

If a personal portfolio is a bow and an arrow, then gold is as indispensable as the string on the arrow. Financial experts believe that the best reason to hold gold lies in the principle of diversification of investment. In good and reasonable financial management, holding gold can effectively spread investment risks.

If properly placed, gold can protect property safely for a long time.

In the period of social unrest, people will hold more gold assets. This is because gold is easy to carry and hide. When everything is lost, gold will become the material guarantee for survival.

Warm reminder that the price of gold fluctuates periodically and is easily affected by the relationship between supply and demand in the market. Therefore, it is difficult to accurately evaluate gold in the era of continuous depreciation of paper money. People can choose to link the gold price with the stock price. Simply put, it is to link the gold price with the indicators that can reflect the book value, profitability and dividends of the stock. From Dow Jones-Golden Ratio1885-1995 (/ChartsFixed/115 yearsdowGoldratio.gif). The formula for calculating the Dow Jones gold ratio is equal to the Dow Jones industrial average divided by the price of gold per ounce, indicating how much gold can be purchased per unit of the Dow Jones index. The higher the ratio, the higher the price of stocks relative to gold, and gold is relatively cheap, and vice versa. So it can be seen from the upward trend in the figure that the share price of gold is getting lower and lower (at least for a person's life), in other words, it is more cost-effective to hold stocks for a long time. But gold often outperforms stocks, such as 1929- 1942, 1968- 1980. When the stock market was at a high of 1929, the Dow Jones golden ratio was 20. If a person bought a stock in 29 years, when the ratio of 20 1 1 is 8, the stock price is still uneven compared with gold. In addition, due to the stock bubble crisis of 1980, many investors sold their stocks to buy gold. However, as the golden ratio of Dow Jones rose from 65438+ 1 in 0980 to 8/20 1 1, these people missed the opportunity to increase their wealth nearly eight times. In order to avoid repeating the same mistakes, we can use the Dow Jones golden ratio to judge the investment strategy: the ratio is lower than the historical trend line (about 20 recently, showing an upward trend) and we should buy stocks and sell gold, and vice versa.

"Carat" is the unit of weight and "Kay" is the unit of gold fineness.

The commission rate of gold futures can be determined by both parties through consultation.

When using the safe to store gold, we should pay attention to the following points: develop good habits. For example, don't tie the safe to the floor outside the window, and don't stick a post-it note with the safe password on one side of the safe at will. On September 5, 20 12, the price of gold was 1695 USD/ounce, so those safe boxes with moderate size and fire prevention cost less than one ounce of gold. You can put important documents (passport, social security card) in it.

The purchase time of physical gold is limited to working days: 9: 00 am-5: 00 pm EST.

The database of state coin dealers can be found on united states mint's website.

Don't buy gold at high prices. If inflation is adjusted, the price of gold is $400 per ounce (you can view the 650-year history of gold price from the following link: /chartsfixed/600yearsgold.gif). In the period of economic depression and social unrest, gold is overvalued, resulting in a price bubble. When the economy recovers, the price of gold will return to normal level.

Many people collect gold antiques because of the historical importance of the price of gold. However, the laws of various countries restrict the access to gold collections. Therefore, gold trading on the black market has been repeatedly banned. But most countries agree that antiques are the wealth of mankind all over the world and should not be privately owned.

Pay attention to the risk warning of American gold mines to consumers about gold fraud.

Warning don't tell others that you invest in gold easily. Unless necessary (spouses and testators have the right to know), it may threaten the gold hidden in your home or elsewhere.

There is an extra charge for the price of collecting gold coins. The value of collecting gold coins consists of two parts: the value of gold coins themselves and the value that can be recycled. The price ratio between the two is not fixed. If most of the price of gold coins in your collection comes from the recoverable value of gold coins, you should reconsider whether it is worth investing.

If the price of gold is much higher than the market price, I would rather not buy it. (If the price of gold exceeds the current price of gold 12%, it will be too expensive.)

Because of the high price of gold, hoarding too much physical gold will definitely bring security problems.

Like all investments, gold has risks. The fluctuation of gold price may bring you losses. Therefore, investors who have no experience and do not understand the risks should do financial consultation before investing.

Learn to distinguish between true and false gold in case you are cheated.

Although the price of gold is constantly changing, gold itself does not generate income-stocks have no dividends and bonds have no interest. Holding assets in the form of gold does not mean future savings growth, but the most important thing is that you should always maintain good financial management methods.