2 thoughts on “Is it appropriate to buy 100 grams of gold each year?”

  1. If you buy gold, you are ready to hold for a long time, which can indeed play a role in preservation. If you have the purpose of short -term investment income, it is really blood loss to buy 100 grams of gold every year!
    "Shengshi Jewelry, Gold in Chaos", from ancient times to the present, gold has been loved by ordinary people. Even the country will reserve a lot of gold to stabilize currency credit. As the international hard currency, gold is very valuable, but the investment must be cautious.
    although the price of gold is unified in the world, it often fluctuates. Like the price of gold in 2021, it has always been a downward trend. From nearly 400 yuan/gram at the beginning of the year, it fell to the current 367 yuan/gram. If you buy 100 grams of gold at the beginning of the year, it takes about 40,000 yuan. If you sell it again now, the value is about 36,700 yuan. You have lost more than 3,000 yuan this time.
    If you have the banks with these 40,000 dollars, even if you have a period of time, the interest is only 2.1 %, then there are more than 800 yuan of interest. And in the past ten years, the price of gold has fluctuated. In 11 years, the price was around 350 yuan/gram, and then it continued to fall. In about 15 years, the price of gold is only more than 200 yuan/gram.
    Then from 15 to 20 years, the price of gold rose all the way, approaching 470 yuan/gram at the highest. From 20 years to the present, gold prices have been a downward trend. So if you buy gold, within three or five years, it is likely to lose money. In terms of investment income, buying gold is far from the cost of banks.
    We ordinary people only recognize that gold is golden, and the specific content is. We know nothing, and we have no way to verify. If you buy physical gold, its content is not very pure, it is easy to appear "long hair" and "rust". Other unconventional investment institutions are also prone to gold substitutions.
    You bought hundreds of thousands of gold. After more than ten years at home, I finally found out that it was gold -plated! The appearance is a layer of gold, and the inside is all brass. Even if you defend your rights, you need to spend a lot of energy and financial resources. Therefore, when buying physical gold, you must be cautious, it is best to go to large regular institutions to buy.
    If you can hold gold for more than ten years, it will basically not lose money. And no matter what accidents happened in society, the value of gold always exists. Currency may become a waste paper. But real gold is always valuable.

  2. It depends on your economic strength. If you have a lot of money and the budget is sufficient, you can buy how much you want to buy. Gold preservation, it is recommended that you buy more gold reserves while the gold price falls. After a while, the price of gold will inevitably return to rise and continue to rise. At that time, it will be a good time.

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