To open a gold passbook account, you need to prepare the following information:
ID card
Secondary identity document (e.g. health estonia whatsapp number data 5 million insurance card, passport, driver's license, etc.)
signature stamp
Account opening fee 100 yuan
Things to note when opening a gold passbook account:
At present, all major banks only open accounts at the counter, and transactions can be conducted using online banking.
You must go to the counter during business hours: 9 a.m. to 3:30 p.m.
5 ways to invest in gold
If you want to invest in gold, what other options are there besides gold passbooks?
advantage
shortcoming
represents the subject
physical gold
1. It feels more secure when you can see and touch it.
1. Poor liquidity and high bid-ask spread
2. Low safety and high storage risk
Gold bars, gold nuggets, gold jewelry and commemorative coins...etc.
Gold Contract for Difference (CFD)
1. Margin trading, transaction costs are relatively cheap
2. Both long and short positions can be operated
1. High-leverage commodities carry higher investment risks.
2. The position needs to be closed and sold before the contract expires, and a new contract must be signed.
Gold futures (code GDF)
gold spot
1. Margin trading, transaction costs are relatively cheap
2. Securities holders can trade and can be exchanged for physical gold.
1. High-leverage commodities carry higher investment risks.
2. Taiwan’s spot market is underdeveloped, with low trading volume and poor liquidity.
Tai silver and gold (AU9901)
One silver and gold (AU9902)
Gold ETF
1. Low investment threshold and good liquidity
2. Securities holders can trade
1. The management fee of Taiwan gold ETF is relatively high. It is recommended to choose US gold ETF.
2. It takes time to choose targets with better performance.
