Can I make money to buy physical gold? How to make money?

Looking at someone around me to buy gold bars, saying that I can make money, but I don't quite understand that the gold bars I bought more than 350 one grams, and repurchase more than 290 grams, how can he make money?

5 thoughts on “Can I make money to buy physical gold? How to make money?”

  1. The real gold is difficult to monetize. There are generally three channels: gold shops, banks, and pawn banks. Golden shops generally only replace them with gold and silver jewelry; they may also repurchase their own gold bars, and even some gold companies will recover physical gold in other sources, but they require higher depreciation fees, which is not cost -effective.
    Is when buying physical gold at the bank, you must ask how to repurchase clearly. When the bank repurchase the physical gold, I need to get my personal valid ID and the original purchase of the bills. It also needs to ensure the intact gold packaging and no scratches.
    S physical gold can also be sold for pawn lines, generally trading at 90%of the price. The risk is large. According to the preservation of gold, the quotation of different pawns in different pawns, it is easy to be "pit".
    The physical gold is best held for a long time, and it may not change much in the short term; it must even go to large cities to get close to international gold prices, and the timeliness may be poor; coupled with the gold price problem in the realization, investing in physical gold Not necessarily to make money.
    In addition, the preservation of gold is also a big problem.
    The gold itself is not corroded, but its chemical affinity with sulfide is very strong. It is easy to absorb hydrogen sulfide acid gases in the air. The surface shows dark colors such as orange, brown -red and other colors. The completion of the production of gold products requires many complex processes.
    The is particularly sensitive to mercury. Once encountering mercury substances, gold will immediately form a large area of ​​white spots.

  2. The real gold monetization requires the goods than three: one is to choose a variety of physical gold, and the other is to choose a trading venue with different trading fees. At present, most banks repurchase the physical gold are strict. They only repurchase the physical gold of the designated varieties of their own sale, and some banks also stipulate that even the physical gold that it is released is Repurchase business. Because it is likely to cause damage and other conditions, it will affect the quality of gold, so banks have stricter conditions for gold repurchase. Investors can also save it in the bank after purchasing the investment gold bars. During the custody period, investors can choose to sell each other to obtain benefits. Everbright Bank stipulates that it can replace gold holders and will keep the gold bars in the bank and buy and sell through the Shanghai Gold Exchange. The transaction fee is 0.155%of the transaction value. CITIC Bank stipulates that the gold selling in the bank, the transaction fee is 0.145%of the transaction amount, and Pudong Development Bank stipulates that the gold sold by the replacement is 0.195%of the contract's market value.

  3. It must be able to make money. You buy more gold, ask someone to make these gold ax, and then take it to some of the poorly signaling remote alleys and wait for the rabbit. In this way, you can make money. Essence Of course, the premise is that you are sure you have the ability to keep the gold ax, otherwise it is difficult to say who is a rabbit.

  4. Ping An Bank has an acting precious metal business. You can download the "Jintao 2.0" trading client or Yijintong APP for transaction.

    This Reminder: There are risks to enter the market, and investment needs to be cautious. The price of precious metals may fluctuate severe fluctuations due to various political and economic factors, and various emergencies due to various domestic and international political, economic factors, and various emergencies. Investors should fully understand the risks of precious metal investment, and they should also be controlled by their own risks, and they should not be blindly invested.

    The Answee time: 2020-12-11, please refer to the official website of Ping An Bank.
    [Ping An Bank I know] Want to know more? Come and see "Ping An Bank, I know" ~
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  5. It depends on the market! You can make money at low buying high. The dynamic changes in the world economy have caused people to change gold. For example, the economic crisis is often encountered. Due to the demand for assets to hedging, gold prices often rise. If you can buy gold at a lower price. When the price is up, it can be replaced with a fiat currency to earn the intermediate difference.
    but this method is generally not used. why. The cost of buying physical gold transactions is high. In reality, you can achieve the purpose of earning golden differences by buying and selling financial products. And you can add leverage to increase the utilization of funds. For example, many foreign exchange platforms have gold trading varieties. It can be traded like foreign exchange. Assassa Community understands

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