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Why is brand-name gold so cheap?

There are many differences in brand and quality, as well as product colors and styles. Secondly, there are no shopping mall management costs.

Gold is the elemental form of the chemical element gold (chemical element symbol Au). It is a soft, golden yellow, corrosion-resistant precious metal. Gold is one of the rarest, most precious and most valued metals. Internationally, gold is generally measured in ounces. In ancient China, gold was measured in ounces. It is a very important metal. It is not only a special currency used for reserves and investments, but also an important material in the jewelry industry, electronics industry, modern communications, aerospace and aviation industries and other sectors.

The chemical symbol of gold is Au, and its financial English code is XAUUSD or GOLD. The name Au comes from a story about Aurora, the goddess of dawn in Roman mythology, which means shining dawn.

International gold prices have soared since 2015. The price of gold in the New York market has risen from US$1,200 per ounce, and has risen to the US$1,300 mark in less than a month; statistics show that the price of gold futures in the New York market has soared this year. A cumulative increase of 9.3%.