I don't know what bank can buy gold bars? What to do? How is the specific purchase price calculated? Can you put gold bars in the bank?
4 thoughts on “What bank can buy gold bars? What procedures do I need to go through?”
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1. Buy a physical gold bar to buy a bank to buy
The investors only need to hold cash or valid documents such as savings cards issued in the bank, and ID cards to purchase gold bars at the price announced by the bank. At that time, banks will issue invoices, transaction orders and other vouchers for investors. Investors can choose to take the gold away or entrust the bank to keep the physical gold for you. At present, this business bank, China Merchants Bank, and Industrial Bank all have physical gold investment products for sale.
2. To buy physical gold at the Shanghai Gold Exchange
This Golden Exchange Personal Personal Personal Golden Account must be opened to buy the physical gold bars. Investors can open through the comprehensive membership of the Shanghai Gold Exchange, or they can choose the financial member of the Shanghai Gold Exchange. After opening, you can apply for delivery to extract the physical gold bar.
3, investors can also buy "paper gold" at the bank
The paper gold is also equivalent to buying and selling gold bars, but paper gold is not a physical extraction. This requires records on the bank's "personal gold account". Essence For consumers who purchase paper gold for the first time, they only need to bring their ID cards and bank cards to banks with paper gold business.
The transaction metering unit of gold bars:
The golden measurement unit is also different due to the different habits and trading rules of gold market transactions in various countries. At present, the most commonly used metering units in the international gold market are Jin Heng ounces.
The golden ounce is a metering unit specifically used for precious metal commodity transactions. It is different from the orthodox ounce. 1 Astormable ounce is equal to 28.3495 grams, while 1 gold balance ounce is equal to 31.1035 grams.
Mou in our country's measurement of gold is mainly two, and now it is mainly gram. With the economic integration of the economy, many gold brands in my country are measured by golden ounces. The investment varieties in the gold market are mainly divided into physical gold investment and gold investment derivatives that are derived from the physical gold. Derivatives mainly include gold futures, gold options, etc., while the physical gold investment mainly include gold bars, gold coins and gold coins and Gold jewelry and so on.
The major banks have precious metal business, which can go to the bank outlets or make appointments for bank customer service to make appointments.
For example, CCB precious metal processing:
◆ When can the business be handled?
On business date 9: 00-15: 30. If there is a change, the local Construction Bank announcement shall prevail.
◆ What is the quotation unit of the real precious metal products?
RMB/gram, RMB yuan/piece.
◆ How to handle business?
It you only need to hold cash or a financial card or dragon cartoon and valid IDs opened at the Construction Bank to purchase related products at the price announced by the Construction Bank.
Big banks can basically buy stocks now. Need to make an appointment. Generally, the price handling fee of the exchange at that time
Please see the website of Construction Bank