1 thought on “Is it worth buying gold now?”

  1. The price of gold has been fluctuating, and the current price is about 300 to 400 grams. If we buy it now, we can buy several grams more gold at the same price, which can be said to be very cost-effective. We should not think about how cheap the price of gold can fall. Many people want to wait until the price of golden cabbage before starting. In fact, it is impossible. The price of gold has been very stable, because after the outbreak of the epidemic in the world, the price of gold has been rising. Many people say that it is true that gold is produced in troubled times
    expanded information:
    gold speculation
    the so-called gold speculation (also known as gold investment) gold speculation mainly includes physical gold, paper gold and gold spot. Only physical gold can be cashed into gold bars, but the income is much smaller than that of stocks. Trading operations on electronic software are relatively common. Gold has long been an investment tool. The Analects of capital states that "money is naturally gold and silver, and gold and silver are naturally not money", which indicates the nature of investment. For a long time, we have concentrated all our resources to devote ourselves to the gold and stock index CFD trading industry on the global gold exchange platform. The monthly turnover of gold investment is as high as US $30 billion, which indicates that it is an independent resource and is not restricted by any country or trade market, Gold investment is the most commonly used investment hedging and two-way trading product in the world. Gold speculation can also simulate trading, so there are many different types of investment gold in the investment market
    gold has been one of the best hedging products since ancient times, with great appreciation potential. Many novice investors are ready to speculate in the gold market, so how can we get started faster
    first, before investing in gold speculation, investors should have a comprehensive understanding of the trading rules of gold speculation, including transaction costs, transaction time, market influencing factors, etc. they can interact with analysts in the live broadcast room to solve puzzles, improve order making skills, or open a simulation account and make orders with virtual funds
    Second, whether to invest in real gold or paper gold. Physical gold is the gold bars sold by major banks. If you do not need to pay with gold as hard currency, it is not recommended to buy physical gold. Physical gold requires transaction fees, and it also needs to pay storage fees. It also has high requirements for capital, so it is recommended that investors who have just joined the industry choose paper gold.
    Third, gold jewelry is not included in gold investment. First of all, gold jewelry is an ornament, which includes many other factors, such as processing costs and depreciation costs. Among many gold investments, investing in gold jewelry is not the best way to preserve value
    Fourth, pay attention to the international situation. Gold is a safe haven currency, which is influenced not only by the US dollar, but also by the international situation. For example, as soon as the news of brexit came out this year, the price of gold rose sharply.
    fifth, focus on the US dollar. Gold is denominated in US dollars. In the long run, the US dollar is inversely proportional to gold. We can know the price of gold from the US dollar index.
    sixth, understand the rising and falling trend of gold. Gold has a large increase and decrease. Knowing this, investors will not be nervous and anxious when gold is falling, and will be greedy to hold positions when gold is rising. When gold falls, you can increase your position appropriately to lower the average price
    in addition, we should choose a high-quality gold speculation platform to make funds more secure and stable

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