Recently the gold price fell a lot, to the gold shop asked, the price of recycling is very low.
As the price of gold continues to fall, many investors who hold gold are anxious to take profits, hoping to cash in their gold through repurchases as soon as possible.
Banks also saw an opportunity and began to tap the gold repo market.
So where is a good deal on gold jewelry?
Banks open up the gold repurchase market in the huge gold market, so that banks also see business opportunities.
A few days ago, ICBC Hebei branch launched the brand gold repurchase business, citizens gold cash and more a channel.
It is understood that ICBC has opened the brand gold repurchase business is limited to its own sales of brand gold bars, citizens from ICBC to buy brand gold bars, accompanied by identification certificate after detection, with ID card, ICBC card can be purchased by the buyback price of the day.
The repurchase price is set according to the international gold price on Monday and according to the Shanghai Gold Exchange from Tuesday to Friday. The commission is 3 to 4 yuan/gram.
According to the introduction, the scope of gold repurchase will be further expanded in the future, in addition to ICBC brand and commission of gold products, other commercial banks, enterprises issued investment gold products and gold jewelry can be repurchased.
In addition to banks, pawn shops and gold shops, some street shops and online shops are also offering to recycle gold at high prices.
Street shops do not need to show any certificates and bills to buy back gold. They only need to weigh gold jewelry and gold bars and give money according to the weight, but the price is very low, some even as low as 280 yuan/gram.
Moreover, these stores will not show any receipts, once the dispute investors rights is difficult.
On net shop, gold trades more unreliable.
The other side gives me money first, send gold to the other side, the other side is not assured;
Give each other gold first, don’t trust.
And the price is too high, there may be a trick;
Give too low, and unwilling.
Reporters visited a number of provincial banks found that, at present, each of the gold sales of the bank to buy back.
It is understood that commercial banks own the brand gold bar business, most have opened a repurchase business, but mainly investment gold bar.
Investors buy the banks’ branded bullion and sell it to the banks as long as the bullion products meet the repurchase requirements.
Of COURSE, THE CONDITION THAT DIFFERENT BANK REPURCHASES TO GOLD BAR, PRICE IS NOT IDENTICAL ALSO, ITS PRICE IS BASICALLY LINKED WITH INTERNATIONAL, Shanghai GOLD EXCHANGE, CAN HAVE CHANGE EVERY DAY.
Many provincial pawnshops have gold pawn business, but the price is lower.
As the price of gold fell sharply on Friday, gold pawn prices have been reduced.
A pawn shop worker on Ping ‘an Street in the provincial capital said, for example, the cash price of the gold pawn is 320 yuan per gram, and the financing of the pawn is 300 yuan per gram, 20 yuan lower per gram than before the adjustment, which is much different from the retail gold bar price in the gold shop.
Pawnshops do not have too many restrictions on the types of gold they can buy back, whether it is gold bars, gold bricks or gold necklaces and other jewelry, all of them will be accepted, and the procedures are simple. Basically, it can be done immediately.
At the same time, buying back gold in pawn shops usually requires simple testing, not melting.
Investors need to be aware that each pawn shop has a different price for the gold they pawn, and the way they charge interest is different.
Although there is no limit to the gold jewelry style, investors must bring all the shopping vouchers.
In addition, when the old for new but also charged a certain depreciation fee.
At PRESENT PROVINCIAL CAPITAL GOLD ADORN ARTICLE WITH OLD CHANGE NEW DEPRECIATION FEE IS THE LOWEST 16 YUAN PER GRAM, MOST GOLD SHOP PRESSES 19 YUAN/GRAM TO COLLECT 1000 PURE GOLD TO CHANGE NEW HANDICRAFT FEE.
A gold shop staff who opened the gold repurchase business said that the gold price is basically synchronized with the international gold price, but investors need to make an appointment one day in advance to buy back the gold, but can not book the price when making an appointment, because the gold price is changing at any time.
Investors to the store the next day, can be delivered to the repurchase gold inspection office, the salesperson to inspect the goods, confirm that the goods are intact.
Additional, GRAM WEIGHT, BILL OR SALE PROOF AND SHOPPING PROOF, CERTIFICATE ARE CONSISTENT, SUCH ABILITY HAS QUALIFICATION TO REALIZE.
The above is a small series to introduce you to the problem of where to sell gold jewelry. Please pay attention to more knowledge.
