What is foreign exchange margin? 2021 Foreign Exchange Margin Basic Teaching

　　Gold has the function of preserving and increasing value since ancient times.When the political situation is turbulent,the geopolitical crisis or the unstable global economic environment,inflation and deflation,and all risk-related events occur,gold is the best investment tool.As the saying goes"As soon as the cannon goes off,gold is ten thousand taels",which also highlights the important function of gold as a safe-haven tool.At present,there are various forms of investment in gold on the market.The most mainstream ways of speculating in gold in Taiwan are nothing more than four types:physical gold,spot gold contracts,gold passbooks,and gold ETFs.

　　What is a gold passbook?

　　Gold has both monetary and commodity attributes,and its investment value is obvious.When a country is at war,the property market and the stock market collapse sharply,and houses and stocks can become worthless at any time.However,gold has currency properties,and as a hard currency,it can circulate freely and can be exchanged for money at any time.Although war is an extreme individual situation,many times when the relationship between countries is tense,the price of gold will also rise.the safe-haven value of gold.at the same time.When international relations ease and the global economy stabilizes,the price of gold will weaken.For example,after the goodwill of the two countries in the Sino-US trade negotiation,the price of gold immediately fell,and the rise was greatly reduced.

　　At the same time,in addition to the political situation,the economic environment is also an important factor affecting the trend of gold.Among them,the three indicators of inflation,the US dollar index and the US Treasury bond yield have the most significant impact on the price of gold.Under normal circumstances,a surge in inflation will depreciate currencies,and when money is no longer valuable,the safe-haven value of gold prices will shine.When the U.S.economy improves,the Federal Reserve will decide to raise interest rates.At this time,investor funds will also buy dollars,which will lead to a rise in the dollar index.At this time,because market funds are buying dollars,gold will be abandoned.Therefore,the price of gold will fall.

　　In addition to adding value and maintaining value,investing in gold also has daily needs.China and India have always been famous gold consumption countries in the east of the earth.Because of consumption habits,the most common thing we come into contact with is to buy gold jewelry as gifts.In addition,gold has industrial properties,and industrial manufacturing of electronic parts also requires alchemy.Since the value of gold is recognized internationally,central banks of various countries will hold gold as asset reserves.

　　The traditional investment in gold generally refers to buying physical gold,and buying different bracelets,necklaces,gold coins,gold rings and other gold accessories through offline gold shops.The corresponding manual fee,buying gold in this way is suitable for gifts or collections.If you buy it for investment,it is not cost-effective.At the same time,it is also troublesome to keep physical gold.If the amount is large,a certain storage environment is required,and you need to worry about safety issues from time to time.At this time,you can consider investing in a gold passbook,and record how many grams of gold you have bought by using the gold passbook in the bank.,and these golds are stored in bank vaults or in the central bank of the country,and the passbook will only record the number of sales and purchases,which saves the trouble of keeping gold.

　　The gold passbook is also called paper gold.The difference from the bank deposit passbook is that the ordinary passbook records your currency deposits in the bank,such as how much NTD you have deposited,while the gold passbook records your gold deposits in the bank,such as your current holdings.How many grams of gold are held in custody in the bank,these numbers are shown on the passbook.

　　In general,the gold passbook is a financial service provided by the bank to the public.After we open an account in the bank,the bank will send us a passbook,which records how many grams of gold we have bought.The published gold listing price can be purchased at the bank counter in person or through a computer within the specified time.It can also be agreed with the bank to purchase a fixed amount of time by means of fixed investment,and set an order to buy a certain weight on a specific date.gold.

　　To sum up,the gold passbook has the following characteristics:

　　1.Customers need to pay a handling fee for opening an account in the bank and buying and selling gold,which is purchased in units of grams.

　　2.Buying and selling gold in the form of gold passbooks will not distribute interest.

　　3.The listed price of the gold passbook disclosed by the bank is a bit different,and the selling price will be higher than the buying price.

　　4.Banks usually accept customers to borrow a certain percentage of money in gold passbooks

　　5.When customers want to sell gold,they usually need to use their passbooks and seals.

　　6.Buying or selling at non-account branches usually requires the customer to agree on a set of passwords in advance

　　2021 Taiwan silver and gold passbook latest quotation

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　　Taking the listed price of the gold passbook purchased by the Bank of Taiwan as an example,the price of the gold passbook has shown a clear fluctuation trend in the past three months.The 30-day high rebounded back to around 1,610 yuan/1 gram,generally showing the box running between the lowest price and the highest price.Taking 1 gram of gold as the unit,the latest listed buying price today is 1586 yuan and the selling price is 1607 yuan.

　　Is Gold Passbook Worth Investing?

　　If you want to avoid the trouble of storing and selecting physical gold,a gold passbook is a better choice.It has the following advantages:

　　1.The requirements for opening an account are low.The minimum investment in some banks is only 200 yuan.The opening and purchase of an account is also simple and fast.Like the cash passbook used in daily life,it is more familiar and safe to use.

　　2.You only need to pay the handling fee for the purchase of gold,but there are no storage fees,transaction taxes and other fees,and you do not need to keep the gold yourself,avoiding the risks of loss and wear that may occur in the process of saving the gold.

　　3.You can go to the counter at any time according to your own needs to directly exchange the stock in the passbook into physical gold

　　4.Online and offline trading channels are available,you can buy and sell at the bank counter or through the computer network

　　5.As a safe and less risky investment method,although the gold passbook income is not high,it can also obtain a certain investment income during the period of rising gold prices.

　　Although investing in gold passbooks has the above advantages,but at the same time the disadvantages are also obvious.

　　First of all,gold is denominated in US dollars.If you want to buy gold,you can only use New Taiwan dollars to convert it into US dollars.At this time,when buying gold,you must pay attention to the risk of fluctuations in the US dollar exchange rate and bear the cost of currency exchange;secondly,the gold passbook will not Like a cash passbook,it generates interest.If the gold stored in the bank vault does not increase in price,it will not generate income,and it will cause losses when the gold price falls.In addition,investing in gold through a gold passbook is only suitable for longer-term holdings.Investors who have and make fixed investments cannot achieve frequent trading to earn short-term price differences.Gold is one of the most volatile commodities in the financial market.The daily market volatility is very large,and there will be more trading profit opportunities during the day.Use This part of the profit cannot be captured by investing in gold passbooks.If you want to obtain higher investment returns,spot gold contracts are a more suitable investment method.

　　Spot gold contract,also known as"spot gold"or"gold CFD",is a method of margin trading,leveraging a larger amount of funds to amplify one's own income in investment,in order to achieve"small and broad"investment income expected

　　In addition,compared with the limitation that gold passbooks can only obtain income through the rise of gold prices,gold contract transactions allow short-selling,and you can“go long”or“short”by judging the trend of gold prices,which can be profitable under different market conditions,the transaction is more flexible and suitable for any investor who wants to enter the gold market.

　　As the leading financial trading platform in Taiwan market,Mutual Trading Market has guaranteed legal and compliant funds,and has the following characteristics:

　　1.Adopt margin trading mode,provide leverage of 1:100 times,and trade gold,crude oil,euro,British pound,Japanese yen and other popular contracts with ultra-low threshold,and invest in the world with one account

　　2.Zero commissions and ultra-low spreads,the spreads of gold and various commodities are the lowest in the market,no transaction commissions are charged,and the current registration is a rebate of$600

　　3.The trading mechanism is simple.After researching and judging the trading direction,you only need to choose"go long"or"short"and set the stop loss/take profit point.Once the price touches the system,the system will automatically execute the order transaction,and there is no need to watch the market for too much time.

　　4.Security compliance,all-round 24-hour online support.The mutual market pays special attention to legal compliance and is regulated by ASIC.Customer deposits are deposited in separate trust accounts in accordance with regulatory regulations,and online withdrawals are allowed 7*24 hours.Regardless of account opening,deposit,transaction withdrawal,etc.,you can consult 5*24 Hours of online Chinese customer service,enjoy high-quality service

　　The future price trend of the Bank of Taiwan gold passbook

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　　Looking at the trend of the gold passbook listing price of the Bank of Taiwan in the past year,it is exactly the same as the international gold trend.It has shown a gradual downward trend since November 2020.The future direction mainly depends on"supply and demand,Federal Reserve policy,global political situation,and the impact of the epidemic on the economy.environmental impact”four important factors.

　　Gold is under unprecedented pressure in the past few months as global central bank policies have turned hawks,and tightening liquidity will be the next phase of the market theme.In the first week of November,we will usher in the interest rate decisions of many central banks around the world,the Bank of England,the Federal Reserve and the Reserve Bank of Australia.The market expects that these major central banks will give hawkish guidance.Gold is facing a weaker fundamental Faced with the environment,and the market is currently focusing on the Fed's interest rate decision to be held on Thursday,such as the Fed's exact Taper timetable at this meeting or a series of hawkish remarks such as a boost to interest rate hike expectations,gold may be affected.cause more downward pressure.

　　This week,the general trend of gold is very bad.If it unexpectedly rises,it will be a good profit opportunity for investors who invest in gold passbooks.If it falls as expected,it will cause a lot of losses.It is better to understand gold contract trading at this time If the price of gold falls sharply,not only can you profit from short selling,but it can also form a hedging risk for investors who have invested in gold passbooks,so that the price of gold will not suffer too much loss in the fall.

　　write at the end

　　The global economic environment is shifting from releasing water to receiving water.The current bull market for gold has also reached its end.The theme of the next stage will be tightening liquidity and raising interest rates.It is difficult for gold to replicate the performance of the past two years without major emergencies.Increase,because investment in gold passbook is mainly to buy low and sell high to achieve profit,if the gold price keeps fluctuating or falling,it is difficult to have the opportunity to make a profit.At this time,the advantages of gold contract trading are very prominent.

　　In the current market situation,if you want to earn the price difference by investing in gold,then the investment method of gold passbook is not a good choice,and the spot gold contract can start to participate with a minimum of a few hundred yuan,so you don’t have to worry about buying physical gold.It is not easy to keep safe,and you don’t have to look forward to the rise of gold prices every day like investing in gold passbooks.Considering that the daily market fluctuations of gold are very frequent,you don’t need to worry about falling prices when investing in gold contracts.You can also make money by buying or falling.Use whichever computer is convenient,and execute the order in seconds.It is the easiest way to capture the gold market.This is why this trading method is being recognized by more and more traders in Taiwan.