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How to reduce the handling fee for gold speculation?

To speculate on gold , in addition to correctly judging the trend of gold prices , it is also necessary to appropriately reduce the investment cost. Everyone knows that a certain handling fee will be charged when trading gold , so how to reduce the handling fee?

  1. Choose the right institution

Different banks have completely different commission rates for gold speculation , and different choices of trading institutions will directly lead to different commission fees. Therefore, before making an investment, understand the relevant fees of each bank, and then choose the lower one to effectively reduce the fees. But it is worth noting that the margin of each bank is the same, there will be no big difference, it is 15%.

  1. Grab a specific period

Usually, the fees for gold investment are different from those charged by banks. In order to win more customers and create more benefits, banks often start to lower the handling fee in a specific period of time, just like merchants do activities. Choose to conduct large-scale transactions during the period of reduced fees, so that you can obtain more benefits at lower costs.

Such a specific time period may be different for different banks, and investors can get some relevant understanding from some insiders of the bank. But be sure to make relevant frequent transactions when the news is accurate.

  1. Different investment channels

How likely is the impact of gold investment fees on profits? Investors have already realized that such high costs, as investors, if they simply choose to accept it, it is difficult to make a profit. Investors can choose relatively low gold Investment channels reduce their own transaction costs.