The Golden Rule Of Investment: The Uglier And The Better &Nbsp; The Better The Gold, The Better.

Buying risk: gold is not an ornament.

Buying gold jewelry

"Many investors go to the gold store to buy 18 kJ jewelry, but the 18K jewelry has only 75% gold content, and the investment value is not large."

Kindoli, executive vice president of Shanghai gold industry, told the "financial intelligence" reporter of the first financial daily.

Most gold jewellery is now "24 karat gold" or "18 karat gold".

The gold content of "24 karat gold" is about 99.99%, while the content of 18 K is 75%.

The gold content of most investment bars is 99.99%, which is usually referred to as "thousands of gold".

Even if you buy jewelry is "24 K gold", its investment value will be greatly reduced.

The reason is that once gold becomes jewelry, it is "fashion consumer goods", which is the same as most fashion consumer goods.

In March 28th gold price, if you buy a gold jewelry in a gold shop, because of different technology, the price is different, the price of 24 gold will normally be higher than 410 yuan per gram, and if you sell a 24K gold jewelry that day, the price of gold store's repurchase is about 342 yuan.

According to this calculation, your cost exceeds 16%.

If you sell it to other recycling units, the price is about 320 yuan, but if you sell it to pawn shops, the price is lower, about 260 yuan.

In general, the principle of investing in gold is that the more ugly the standard is, the better the content is. The plain gold bar is also a good choice.

In addition, gold bars are divided into two types: investment gold bars and commemorative gold bars.

Because of its simple production, the design cost and manufacturing cost of investment gold bars are often cheaper than that of commemorative gold bars. In the case of gold bar, which is sold by Bank of China [2.98 2.05% shares and reported on]3 28, the price of gold bullion "lucky lucky gold" is 341 yuan / gram, while the price of another commemorative gold bar is 397 yuan / gram.

Channel risk: failure to recover

As an excellent

Gold investors should not only pay attention to the fluctuation of gold price, but also pay attention to whether they can sell after buying.

According to the reporter, at present, the market is not only a gold bar repurchase business provided by every bank and gold shop, but most banks only collect gold from their own sale.

At present, the investment bar price of China Merchants Bank [11.90 0.68% shares bar research report is the lowest, which is 345 yuan / gram, but the Bank of China is also a small number of banks that do not provide gold repurchase business.

Bank of China, Agricultural Bank [2.68 1.13% shares research report], industrial and Commercial Bank [4.331.17% share research report], Construction Bank [4.83 1.68% shares bar Research Report] and Bank of communications [4.71 1.29% shares research report] and so on, although providing repo business, the repurchase price is mostly 15 yuan on the spot price of gold on the same day, but the banks only buy back the gold bars sold by the bank.

In addition, some banks also stipulate that all gold bars sold can be repurchased, but gold coins and souvenirs can not be repurchased.

Trading risk: high paction costs

Transaction costs are also a barrier to gold investment.

When investors buy physical gold in a channel, the price tends to be higher than the market price, but the selling price is lower than the market price.

The difference between sale and purchase is the paction cost of gold investment, which is often overlooked by investors.

From the market perspective, buying a gold bar at a bank and repurchasing it from the same bank is the best way to save investment cost, but the selling price and recovery price of each bank are slightly different.

If investors bought gold bullion in March 28th, the price was 355.5 yuan, and it was thrown on the same day. The bank's recovery price was 15 yuan, or about 326 yuan, on the day of the bank's AU (T+D). The median price difference was 29 yuan.

If gold bars are sold to some gold recycling enterprises, the price is about 310~320 yuan, and the median difference is 35~45 yuan.

The assumption is to buy investment gold bars in Lao Fengxiang. The price is 368 yuan / gram on that day. On the same day, the price of Lao Fengxiang's recovery price is AU (T+D), which is about 341 yuan, and the difference is 27 yuan.