5 thoughts on “How much is CCB's investment in gold bars?”

  1. CCB's investment in gold bars is 99.99%. CCB's gold investment varieties are: Long Dingjin, Gaussorgin, and Western Hanzhi standard gold bars.
    . What is investment gold bars:
    The investment gold bars (sometimes called: investment gold bars), which is a type of gold bars, but not exactly equivalent to ordinary gold bars. To put it simply: Investment gold bars are the pure gold content launched by well -known gold companies than 99.99%. According to the real -time price of Shanghai Gold Exchange or the international market as a reference price, it can be bought in real time. Value -added gold bars. (Common investment in gold bars in the market, such as: Shandong Gold Investment Gold Strip, CICC Investment Gold Bar, Gao Entering Gold Bar, etc.)
    . Features
    If wealth
    Id investment in gold has value measurement and currency function, which is a symbol of people's wealth. Regardless of how the environment changes, gold is always one of the most important and safest assets of individuals and families.
    It security
    The gold is easy to store and storage, and is not affected by external conditions; gold has both currency attributes and commodity attributes, so that gold has unique value preservation and value -added functions.
    In investment
    Gold has a special value preservation function, which is an effective weapon to resist inflation. It is also an important financial tool for decentralized risks and balanced investment.
    The monetization
    Gold is an eternal "hard currency", which is easy to carry. The realization of the gold bars is very convenient, and the realization is basically not affected by the space.
    transparent
    Gold has a 24 -hour pricing and trading market internationally. The transaction of investment gold bars can be referred to the gold price announced on the Shanghai Gold Exchange and the international gold market. Therefore, the price of gold is open and transparent, and no one is operating.
    risks
    Investors' investment gold bars can not only feel the reflection on high gold prices, but also find that investment gold may exist in all links thrown.
    Channel risks: Inadequate recycling
    It as an excellent investment product, in addition to the potential for increased prices, it also has good liquidity. Imagine that if investors buy a gold bar at a cheap price, but find that there are many restrictions when selling, it will also greatly reduce its value.
    Gold investors must not only pay attention to the fluctuation of gold prices, but also pay attention to whether they can be sold after buying. According to the reporter's understanding, the market not only does not provide gold bar repurchase business, but most banks only recover their own gold. China Merchants Bank's investment gold bars are the lowest, which is 345 yuan/gram, but China Merchants Bank is also one of the few banks that do not provide gold repurchase business. Although Bank of China, Agricultural Bank of China, Industrial and Commercial Bank of China, Construction Bank, and Bank of Communications provided the repurchase business, the repurchase price was mostly about the gold spot price of Shanghai Gold, about 15 yuan, but the above banks only repurchased the gold bars sold by the Bank Essence
    The purchase risk: Gold is not decoration
    The appreciation of buying gold jewelry is almost unreliable. "Many investors go to Golden Store to buy 18K gold jewelry, but the gold content of 18K jewelry is only 75%, and the investment value is not great." Jin Duoli, executive vice president of Shanghai Jinye, told the first Finance Daily "Financial Business" reporter.
    Most gold jewelry is "24K gold" or "18K gold". The gold content of "24K gold" is about 99.99%, while the content of 18K gold is 75%. The gold content of most investment gold bars is 99.99%, which is usually called thousands of gold.
    Even if the jewelry you buy is "24K gold", its investment value will be greatly reduced. The reason is that once gold becomes a jewelry, it is "fashion consumer goods". Like most fashion consumer goods, gold jewelry is also facing outdated and depreciation.
    The transaction risk: Excessive transaction costs
    The transaction costs are also a hurdle that cannot be wrapped in gold investment. When investors purchase physical gold in channels, their prices often have high market prices, but the selling price is lower than the market price. The trading difference is the transaction cost of investing in gold, and this transaction cost is often easy to be ignored by investors.
    In in the market, buying investment gold bars in the bank and repurchase by the same bank are the most saving way for investment costs, but the selling price and recycling price of each bank are slightly different.

  2. 9999. Investing in gold bars
    , there may not be fewer repurchase channels.
    If investment, just choose a good gold investment company.
    The key is to monetize later.

  3. 99.99%is not recommended, because it is not redemption. Now only industrial and commercial has the redemption business, and the CCB can only buy it for collection.

Leave a Comment