Investigation on the financial life of ＂gold speculators＂ in Beijing： small gold bars taste great sweetness

　　　　The price of gold is soaring, and the variety of gold investment is increasing-

　　　　Recently, the international gold price has been leaping forward, approaching the historical high point in 1980. With the increase of gold investment varieties, investors are easy to "picky" while choosing a wider range. The reporter specially interviewed some representative "gold speculators" and analyzed the investment through examples.

　　　　Gold speculation attitude

　　　　Xiaojintiao tastes great sweetness.

　　　　● Respondent: Mr. Sun.

　　　　-Gold speculation record: the value of gold bars in the Year of the Sheep doubled.

　　　　The gold speculation in Beijing began at the end of 2002 when Caibai Company sold the "Year of the Sheep and New Year’s Gold Bars". At that time, gold bars returned to the retail market in Beijing, igniting the enthusiasm of the people to hide gold. So some consumers have become enthusiastic followers of "New Year’s gold bars".

　　　　Since 2002, Mr. Sun has purchased a set of gold bars for Lunar New Year. "I didn’t think much when I bought it at that time, because someone in the family was a sheep, I wanted to keep a set as a souvenir. However, with more and more people talking about gold products around me, I realized that gold was a good investment tool. Because Caibai Company provides a repurchase channel, it is more convenient to cash in the shopping mall in case of urgent need of cash. Therefore, I will collect one set every year in the future. Today, the gold bars bought at 92 yuan per gram have been worth about one gram of 200 yuan, which has doubled, and those bought in other years have also appreciated. "

　　　　● Respondent: Mr. Li

　　　　-Gold speculation record: three-month return rate of 18.8%

　　　　Now, it is also a welcome investment channel for individuals to invest in physical gold through banks. At present, the physical gold business in the banking system mainly includes "Gao Saier Gold Bar" represented by China Merchants Bank and Agricultural Bank, "Long Dingjin" represented by China Construction Bank, "Ruyi Gold" represented by Industrial and Commercial Bank and gold from other commercial banks. Some of these gold products belong to the bank’s agency business, and some belong to the bank’s own brand. At present, only "Gaosaier Gold Bar" can provide repurchase service.

　　　　Mr. Li saw that this year’s fund market has passed the good day of "rising every day", while precious metals have been rising all the way, so he invested in Gaosaier gold bars. In mid-August this year, he subscribed for 2 ounces of Gao Saier gold bars at the Zhongguancun branch of the Agricultural Bank of China. At that time, the subscription price was 172 yuan per gram. At this price, he spent a total of 10664 yuan. Yesterday, Gao Saier’s quotation was 204.30 yuan/gram. In this way, his Gao Saier gold bar appreciated by about 2,000 yuan in just three months, and the return on investment was 18.8%.

　　　　Gold speculation to eliminate illiteracy

　　　　Different gold products have different investment channels.

　　　　● Gaosaier Gold Bar:

　　　　Variety, quality, measurement and pricing standards: the three specifications are 2 ounces, 5 ounces and 10 ounces, the gold content is greater than or equal to 99.99%, the unit of measurement is troy ounces (1 ounce = 31.1035 grams), and the unit of quotation is RMB/ounce.

　　　　Transaction cost: The processing and circulation fee of Gaosaier gold bars is RMB 109 per ounce (about 3.5 yuan/gram), and investors will be refunded 62 yuan/ounce (about 2 yuan/gram) at the time of repurchase, and the processing and circulation fee for one purchase and one sale is only 1.5 yuan/gram.

　　　　Trading process: anonymous purchase, investors only need to bring cash or bank card to the counter of China Merchants Bank, fill out the purchase order and pay the money, and then they can get the physical gold bars on the spot. When buying back, you should also go to the point of purchase at that time, and you can buy back directly with the purchase confirmation form and well-packaged gold bars. Trading takes the form of T+0.

　　　　Trading hours: (Monday to Friday) 10: 00-11: 30, 13: 30-14: 30.

　　　　Profitability: Gold price rises by 4-5 yuan can make a profit by repurchasing.

　　　　● Paper gold:

　　　　Go to China Bank and open a current all-in-one account with China Bank. Open telephone banking service at the counter. Open online banking on the Internet, and you can buy and sell "paper gold".

　　　　Transaction cost: about one gram of 0.7 yuan.

　　　　Trading time: 9: 00-17: 00 from Monday to Sunday if you are at the counter.

　　　　If you are on the Internet, you can trade from 8: 30 Monday to 2: 30 Saturday morning.

　　　　Profitability: If the price difference is more than one yuan every day, you can make a profit.

　　　　● Shopping malls buy gold investment products.

　　　　Gold investment products with major themes should generally be paid close attention to. If the shopping mall provides telephone reservation service, be sure to make a reservation in advance and then go to the counter to buy it.

　　　　Tips for speculating in gold

　　　　"Paper gold" also has investment value

　　　　"Paper gold" refers to the book-entry gold trading launched by banks, which also needs to be paid in full, and there is no physical delivery, so it can only be bullish. The trading records of "paper gold" investors are only reflected in the "gold passbook account" opened by individuals in advance, and there is no need to withdraw physical gold, thus eliminating the steps of transportation, storage, inspection and appraisal of gold, and the difference between the buying price and the selling price is smaller than the difference between the buying and selling prices of real gold.

　　　　The reporter learned that "paper gold" can be purchased at all outlets of China Bank and some outlets of Industrial and Commercial Bank of China. For the "Huang Jinbao" business of Bank of China, a Mr. Liu expressed great interest. He told reporters that from the beginning of the year to now, his income from purchasing paper gold has exceeded 30%. Moreover, paper gold generally implements T+0, which means that it can be bought and sold on the same day, and it can be traded on the Internet even in the middle of the night, which is very convenient.

　　　　It is reported that ICBC and Industrial Bank have some different paper gold products.

　　　　Prospect of gold speculation

　　　　Individuals are expected to invest in gold futures.

　　　　Experts suggest that if you want to invest in gold, you must choose the right variety according to your own reality and pay attention to avoiding risks. Medium and long-term investors can choose paper gold and physical gold from banks, but don’t hoard a lot of gold ornaments, because gold ornaments are difficult to realize and easy to wear and depreciate; Short-term investors should pay attention to the possible fall after the gold price rises, and pay attention to the influencing factors such as oil price trend, dollar rise and fall, political situation and so on. As a rational investor, it is necessary to reserve the basic knowledge of gold investment and be familiar with the overall situation of international politics and economy. At the same time, abandon speculative psychology.

　　　　Zhang Shounan, president of China Gold Newspaper and director of Beijing Gold Economic Development Research Center, revealed that personal investment in gold futures may be officially opened in the near future, and gold futures can play its role of "capital leverage" to reduce capital investment for investors and improve the return on investment. In addition, gold futures can be both long and short, and investors have the opportunity to make two-way choices, which can bring returns to investors when the market is bullish and bearish. Gold futures should be the most suitable futures for people to invest. (Fan Haitao)

Editor: Fan Jing