Gold recovery is different from general goods recovery. Whether it is the weighing of weight, the determination of color or the determination of price, it has formed a unique recovery system. Because gold is recycled, it is also called recycling gold regardless of brand. The main price factors of recycling are determined by the gold content and the international basic transaction price.
Extended data:
In 20 19, the cumulative turnover of all gold varieties in Shanghai Gold Exchange was 68,600 tons (bilateral), up by 0. 12% year-on-year, and the turnover was 2 1.49 trillion yuan, up by15.69% year-on-year. The cumulative turnover of all gold varieties in Shanghai Futures Exchange was 92,500 tons (bilateral), up by 186.84% year-on-year, and the turnover was 29.99 trillion yuan, up by 238.92% year-on-year.
According to the latest statistics of China Gold Association, in 20 19, the domestic raw material gold output was 380.23 tons, and the actual national gold consumption was 1002.78 tons, which was lower than that in 20 18/%. With the increase in the price of gold in the second half of the year, the consumption of gold jewelry has dropped significantly, and the high price of gold has also led to the cautious wait-and-see attitude of real gold investors, and the sales of gold bars in key enterprises and commercial banks have fallen sharply.
The international gold price of 20 19 started at the beginning of the year and closed at 15 17.65438 USD/oz at the end of the year. The annual average price was 1395.60 USD/oz, up 9.84% compared with 20 18. By the end of February, 2065438+2009, China's official gold reserve was 1948.32 tons, ranking seventh in the world.
People's Daily Online-China Gold Association: The trading volume of spot gold and futures increased significantly.