Popular ways to invest in gold today

VTC NewsVTC News29/11/2023


What is gold investment?

Gold investment is a form of buying gold and making a profit from the fluctuations in gold prices. Over thousands of years of history, gold has always been considered a safe haven asset. Even during economic crises, gold still retains its own value. Therefore, investing in gold is considered an effective way to protect assets from market fluctuations.

Popular ways to invest in gold

In addition to gold bars and gold ingots, there are many other popular ways to invest in gold:

Buy gold bars: Gold bars are rectangular pieces with different weights such as 1 chi, 2 chi, 5 chi or 1 luong. Gold bars are chosen by many people because of their higher quality than jewelry gold, ensuring profit after selling.

Buying gold bars is a popular investment method today. (Illustration photo)

Buying gold bars is a popular investment method today. (Illustration photo)

Buy gold bars: Gold bars are more valuable than gold bullion due to their high quality and purity. Buying gold bars from reputable sources will ensure their value and bring high profits when sold at the right time.

Jewelry gold: Jewelry gold is usually mixed gold, has more value for beauty than for storage. Like gold bars, gold ingots, jewelry gold is easy to buy, has high liquidity but has many disadvantages such as high processing costs. Customers can only sell at high prices at the right place of production, when reselling jewelry, the buyer often loses 50 - 70% of the original value.

Online gold investment: This is a form of gold trading without having to go directly to a gold store to trade. This form has the advantage of saving time, safe storage, and capturing investment opportunities quickly. However, the disadvantage is that if the application is not reputable, the buyer will be deceived and risk cutting losses and taking profits.

Buying gold mining stocks : This is a way of investing in gold that allows the buyer to benefit from both the increase in gold prices and the growth of the mining company. This form is suitable for long-term investors - those who want to take advantage of both the volatility of gold prices and profit from the company's business operations.

Investing in gold through ETFs : When investing in gold through ETFs (funds traded on the exchange), customers have the ability to buy and sell easily and transparently like stocks. At the same time, it minimizes the risks associated with storing physical gold such as theft or gold quality is not guaranteed.

Investing in gold through futures contracts : Gold futures contracts allow investors to deposit and use leverage to earn profits. Buyers and sellers agree to buy or sell a fixed amount of gold at a predetermined price at a specific time in the future.

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