Gold speculation in banks :
There are two types of gold speculation in banks : one is the bank’s own gold investment business ” paper gold “, and the other is the gold and silver t+d (precious metal extension) of the Shanghai Gold Exchange , which is operated by the agents of major banks.
- Paper gold: The quotation is based on the bank’s own quotation, and there are many bubbles. The transaction fee is calculated according to the spread, which is generally between 0.8 and 1.2. It can only be traded in one direction, that is to say, it can only buy up, buy low and sell high to earn profits. Put in the full investment capital, no leverage.
- Gold and silver t+d: Minsheng Bank adopts a 10.5% margin system, a transaction fee of 14/10,000 (about 0.7 yuan for one gram of gold), and two-way transactions, which can be bought up or down. . Amplify the utilization of your funds. T+0 trading mode, real-time buying and selling, you can close the position and sell if you have a profit on the same day of buying, or you can hold the appreciation investment for a long time.
To sum up, the transaction of gold and silver t+d is more flexible, the handling fee is low, and the investment capital is relatively small, and it is an investment variety suitable for public operation.