Gold trading

You can buy and sell Wayfoong Statement Gold directly with your HSBC Global Private Banking, HSBC Premier Elite, HSBC Premier, HSBC One or Personal Integrated Account. You don't need any special accounts to do so.

If you don't have one of those accounts, you can open a standalone Wayfoong Statement Gold Account at an HSBC branch. Please note that the Wayfoong Statement Gold Account is a non-interest bearing account.

There are no handling charges besides the actual buying or selling price at the time of the transaction. Any fees and charges incurred by HSBC are contained and included in our sell and buy price calculations.

Here's an example from Section 4 (Scenario analysis) in the product factsheet:

Let's assume that the price of Loco London Gold increases, resulting in a gain scenario. Let's also assume that you bought 10 units of the product at HKD1,600 per unit.

After the price of Loco London Gold increases, you sell all your units at HKD1,800 per unit. That means you make a profit of HKD2,000 in realised profit:

(HKD1,800 – HKD1,600) x 10 units = HKD2,000

Remarks: The hypothetical example is for illustrative purposes only. It do not reflect a complete analysis of all possible potential gain or loss scenarios and must not be relied on as an indication of the actual performance of the Product. You should not rely on these examples when making an investment decision.

No, Wayfoong Statement Gold does not involve physical delivery or ownership of gold. The units allocated in the account under the product is notional.

You can check your gold portfolio online or on mobile.

• Via HSBC Online Banking: Log on and go to 'My banking'. Select 'My accounts' in the menu to see your Wayfoong Statement Gold balance.
• Via the HSBC HK Mobile Banking app: Log on and scroll to your account balances in 'Home' to see your Wayfoong Statement Gold balance.