I bought a gold necklace in 2017 when the gold price was only a little over 200 per gram. Over the past few years, it has increased more than fourfold. It looks like I made a good profit, but when I asked a gold shop about the buyback price, I was instantly sobered—handcrafting fees, wear and tear, transaction fees layered on top, and the profit was significantly eaten up. So I realized that physical gold is more like jewelry; if I truly want to invest, liquidity and costs are key. Buying physical gold is not as good as trading online directly. Recently, I saw Gate
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I bought a gold necklace in 2017 when the gold price was only a little over 200 per gram. Over the past few years, it has increased more than fourfold. It looks like I made a good profit, but when I asked a gold shop about the buyback price, I was instantly sobered—handcrafting fees, wear and tear, transaction fees layered on top, and the profit was significantly eaten up. So I realized that physical gold is more like jewelry; if I truly want to invest, liquidity and costs are key. Buying physical gold is not as good as trading online directly. Recently, I saw Gate