Current location - Quotes Website - Collection of slogans - Is it reliable for banks to buy gold bars?
Is it reliable for banks to buy gold bars?
For those who like to invest in physical gold, gold bars are more suitable for physical gold varieties. There are many channels to buy gold bars, including banks, Shanghai Gold Exchange and various brand gold shops. So is it reliable for banks to buy gold bars? Let's take a look together.

1, gold content

Many large and medium-sized banks will own brand gold bars, such as CCB Gold, ICBC Ruyi Gold and Huaxing Bank. The fineness of these gold bars is basically Au999.9, and the bank logo is engraved on the gold bars.

2. Gold price

The profitable way for banks to sell brand gold bars is to earn premium value, so the price of bank gold bars is usually slightly higher than the real-time gold price. For example, the price of CCB gold is around 348 yuan/gram.

3. Gold recovery

Recovery and realization is an important part of physical gold investment, and the difficulty of realizing it has always been the pain point of physical gold. A number of banks support the recycling of their own brand gold bars, and investors can go to designated outlets with gold bars and related certificates and invoices.

There are also some banks that support the recycling of gold bars sold by other channels, but there are requirements for the fineness of gold bars, generally requiring Au999.9.

The recovery price of gold is generally lower than the current price of gold bars. For example, the recovery price of "CCB Gold" is around 327 yuan/gram. Of course, the selling price and recycling price of gold bars are constantly changing, and the prices of different outlets of the same bank will be different.

From the perspective of gold recycling, it is more convenient to recycle and realize the own brand gold bars purchased by banks.

The above content about whether the bank buys gold bars is reliable, I hope it will help everyone. Warm reminder, financial management is risky and investment needs to be cautious.