1 thought on “How much gold can you buy one million yuan?”
Jimmie
It depends on what gold you buy. If it is a ICBC's paper gold (offer today on July 22), the purchase price is around 418 today, and 1 million can be purchased about 2392 grams. Paper gold cannot be exchanged for physical gold. If you buy physical gold bars and BRICS (today July 22), Chow Tai Fook's offer today is about 526 yuan/gram. You can buy about 1901 grams of 1 million. That is, about 1.9 kg, gold bars and bricks of about 3.8 catties. If you buy London gold, that is, spot gold, calculate it according to 800 US dollars/hand margin (RMB 5600/hand). 1 million can be purchased about 178 hands London gold. The expansion information: The gold price is calculated at the weight. There are several ways to weigh in the precious metal and gem markets. The most commonly used is the gold system (TROY), a TROY ounce is about 31.10 grams; and a normal ode is equivalent to 28.35 grams. The dollar price per ounce of gold. The rise of gold prices will affect the currency prices of some countries. There are many factors affecting the price of gold, such as: the interest rates of international politics, economic exchange market, major European and American countries, and monetary policy of central banks of the central banks of various countries, the increase and decrease of gold reserves of the country, the increase and decrease of gold mining costs and the increase and decrease of the jewelry, etc. The trend has an impact. Investors can make a relatively basic judgment and grasp of the trend of gold prices based on these factors. "Capital Theory": "Currency is naturally gold and silver, and gold and silver are not currency." It shows the investment attributes of gold. Gold has become a long -term concentration of all resources to devote all resources to the FXCM Global Global Global Global Global and Stock Index CFD trading industry. The transaction volume of up to 30 billion US dollars per month indicates that it is an independent resource. Gold investment is the most commonly used product in the world to maintain value and two -way transactions. Many different types of investment gold types. Investment and wealth management do not make money, of course, the same is the same, similar to stocks. Therefore, foreign exchange and gold transactions are financial management. Basic knowledge is still needed, and not both foreign exchange and gold trading companies can choose, and not all investment can be profitable. Therefore, it is very important to prepare or be entry knowledge. Gold code is generally xauusd or GOLD. Getting started with gold is an investment behavior. Gold price is a auxiliary index for judging the trend of gold.
It depends on what gold you buy. If it is a ICBC's paper gold (offer today on July 22), the purchase price is around 418 today, and 1 million can be purchased about 2392 grams. Paper gold cannot be exchanged for physical gold. If you buy physical gold bars and BRICS (today July 22), Chow Tai Fook's offer today is about 526 yuan/gram. You can buy about 1901 grams of 1 million. That is, about 1.9 kg, gold bars and bricks of about 3.8 catties. If you buy London gold, that is, spot gold, calculate it according to 800 US dollars/hand margin (RMB 5600/hand). 1 million can be purchased about 178 hands London gold.
The expansion information:
The gold price is calculated at the weight. There are several ways to weigh in the precious metal and gem markets. The most commonly used is the gold system (TROY), a TROY ounce is about 31.10 grams; and a normal ode is equivalent to 28.35 grams.
The dollar price per ounce of gold. The rise of gold prices will affect the currency prices of some countries. There are many factors affecting the price of gold, such as: the interest rates of international politics, economic exchange market, major European and American countries, and monetary policy of central banks of the central banks of various countries, the increase and decrease of gold reserves of the country, the increase and decrease of gold mining costs and the increase and decrease of the jewelry, etc. The trend has an impact. Investors can make a relatively basic judgment and grasp of the trend of gold prices based on these factors. "Capital Theory": "Currency is naturally gold and silver, and gold and silver are not currency." It shows the investment attributes of gold. Gold has become a long -term concentration of all resources to devote all resources to the FXCM Global Global Global Global Global and Stock Index CFD trading industry. The transaction volume of up to 30 billion US dollars per month indicates that it is an independent resource. Gold investment is the most commonly used product in the world to maintain value and two -way transactions. Many different types of investment gold types. Investment and wealth management do not make money, of course, the same is the same, similar to stocks. Therefore, foreign exchange and gold transactions are financial management. Basic knowledge is still needed, and not both foreign exchange and gold trading companies can choose, and not all investment can be profitable. Therefore, it is very important to prepare or be entry knowledge. Gold code is generally xauusd or GOLD. Getting started with gold is an investment behavior. Gold price is a auxiliary index for judging the trend of gold.