Gold prices have risen, and some citizens sell 22 pounds of gold cash cash. Is it the best time to sell gold now?

4 thoughts on “Gold prices have risen, and some citizens sell 22 pounds of gold cash cash. Is it the best time to sell gold now?”

  1. Gold prices have risen, and some citizens sell 22 pounds of gold cash cash. Is it the best time to sell gold now? Gold jewelry is a consumer product, consumer goods, consumer goods, and does not have investment value. Many gold shops may not be collected. Even if the jewelry you buy is equipped with processing costs, people have made your jewelry, and your processing fee is lost. Suppose your gold is bought when it was 400 yuan per gram. The processing fee of 100 yuan cost a total of 500 yuan. Now even if the gold is 500 yuan per gram, the recovery price must be folded up to 480. You buy 500 yuan for 500 yuan. The jewelry 480 sells it. Do you think many jewelry shops have gold jewelry recovery business? They hang up the gold recovery price and do not really recover gold. Many domestic jewelry brands provide gold jewelry recycling, but generally only recover the gold jewelry of the brand, and do not provide other brands of gold recycling business. Therefore, there are more restrictions on the recycling of jewelry brands, and the prices will not be too high. The quantity is too small, there is no need to sell it, after all, you wear it, not frying.
    It will not say whether it is a good time to buy gold now, but I recommend that 10-20%of your asset allocation are all configuration gold. Since the beginning of this year, gold has risen as a whole, and it has risen quite fierce. At present, the gold you can buy is divided into so many types, gold jewelry, physical investment gold bar, paper gold, gold ETF fund, culvert period (current) goods, etc. Gold jewelry: 100 % consumer goods, no investment value. The loss of one in and one out, and it is not conducive to preservation, and there is no place to recover. Investment gold bars: Banks can be bought. It is slightly more valuable than gold jewelry, and can be recovered in place, but the loss is still huge, and the liquidity is very bad. It is not recommended to invest in physical gold bars. Paper Gold: Also called book gold, buy and sell gold through the book system, and obtain benefits from the rise in gold prices.
    Golden ETF Fund: This is a recommended variety. It is the same convenient as the fund buying and selling, and some fund managers help you take care of it. Generally speaking, he will be more optimized than paper gold. Gold Futures spot transaction: The advantage is that you can use leverage and do not need to take up a lot of funds, but the disadvantage is that the risk has also enlarged. The timing of buying gold is mainly when you feel that the world is about to chaos, or when you think that the currency is extremely overestimated, buying gold at this time is mainly for hedging risk. Gold is just a variety of risk aversion, not investment varieties, investment gold, and has not made money for a long time. Moreover, the current gold points can be up and down, and there is no underestimation, and it is not overestimated, so it depends on what is the real needs of your purchase of gold?

Leave a Comment