How to buy and sell GOLD coins (how much does one GOLD digital currency cost)

The bank’s gold buying and selling process is as follows:

1. First, you must open an account at the bank. When investors handle personal physical gold investment business, they must apply for a gold account card;

2. The transaction fee is about 0.2%. Industrial and Commercial Bank of China, Hua Xia Bank and Industrial Bank stipulate that for each gold purchase and sale, a fee of 0.2% of the transaction amount will be withdrawn from investors;

3. Shipping fee is 80 yuan/kg. If investors need to withdraw gold from the Shanghai Gold Exchange , you need to pay a certain shipping premium, which is 80 yuan/kg for Huaxia Bank and Industrial Bank;

4. To withdraw gold, you need to apply three days in advance. If investors need to withdraw gold, they must first submit an application to the bank.

The differences between bank gold and gold store gold are: different prices: the gold price in gold stores involves craft costs and processing costs; the bank gold price is supervised by the state and is lower than the gold store gold price; the value of investment is different: gold Most of the gold in gold stores is gold jewelry, which has no investment value; bank gold generally launches gold bar products with investment significance; the gold content is different: gold in gold stores has two types: pure gold and k-gold, while bank gold is generally pure gold.

Gold is the elemental form of the chemical element gold (Au). It is a soft, golden yellow, corrosion-resistant precious metal. Gold is one of the rarest, most precious and highly valued metals. Internationally, gold is generally measured in ounces. In ancient China, "liang" was used as the unit of gold. It is a very important metal. It is not only a special currency used for reserves and investments, but also an important material in the jewelry industry, electronics industry, modern communications, aerospace and aviation industries and other sectors.

Gold is golden in color, has metallic luster, and is difficult to decompose. Density 19.3g/cm3, melting point 1064.4℃; has good ductility, can be pressed into thin foil, has extremely high heat transfer and electrical conductivity, and the resistance of pure gold is 2.4P. Pure gold has good resistance to chemical corrosion and is the best electroplating material.

For the sale of physical gold, you can buy it at a bank, or you can usually sell it to a bank. However, sometimes banks will suspend the repurchase of gold. Therefore, if you want to buy physical gold, it is recommended to buy investment gold bars in a brand gold store, but be sure to have a certificate of authenticity. The shopping guide will give you a detailed introduction and explanation. At the same time, it is also important to note that you have to ask how he repurchases gold, because the process of repurchasing gold is very complex. Some are repurchased at the spot gold price, and some are repurchased at the scrap gold price. The price difference between the two can be as high as more than 40 yuan per gram, so you must pay special attention. The trading price of gold is basically maintained at around 236 yuan, the price of jewelry is 298 yuan, the price of investment gold bars is more than 240 yuan, the recycling price is around 238 yuan, and the price of gold recycling in pawn shops floats around 200 yuan. The price of gold is different in every place and at every time. It is floating. You need to go to the place where you pawn for specific consultation. At the same time, the relationship between gold and the stock market is very subtle, not completely positive or negative. When the price of gold rises, it will attract stock market investors to buy gold concept stocks to a certain extent, which can promote the rise of gold-related stocks. At the same time, gold and the stock market are negatively correlated. When the stock market is in a downturn and the stock market generally falls, investors will turn to gold to avoid risks, which will push up the price of gold.

Gold

The currency symbol of gold is generally XAUUSD or GOLD. These are internationally accepted conventions. The smallest unit of exchange rate movement is pip (PIP). The exchange rate is generally expressed as a 5-digit number. A change of 1 in the last digit is the smallest exchange rate change, which is called 1 pip. The difference between the buying price and the selling price is called the spread. The minimum unit for margin trading: If it is a standard account, the trading unit generally provided by online brokers is 1 lot (lot) of the base currency with a trading volume of 100,000. If it is a mini account, the transaction per lot is 1/10 of a standard account.

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