The price of gold is very transparent. There are various gold price plates. The buying and selling of physical gold is also based on the international gold price. Under ideal circumstances, for example, if today's international gold price is 360 yuan/gram, a jewelry manufacturer would pay 36,000 yuan for 100 grams of gold material. People who are in the gold recycling business recycle gold through various channels. They recycle 100 grams at a gold price of 320 yuan/gram, invest 32,000 yuan, and then sell it in physical gold transactions at the international gold price for 36,000 yuan. In this way I made 4,000 yuan in one visit. Seeing this, you know how people who recycle gold make money.

The gold material purchased by the jewelry manufacturer is processed into gold jewelry. The wholesale price is the gold price of the day + processing fee. The processing fee is generally about 10 yuan, which is 370 yuan/ grams of gold jewelry. Seeing this, you can’t help but ask, “Have I never seen such cheap gold jewelry at gold stores like Chow Tai Fook and Lao Feng Xiang?”

ICBC’s gold repurchase business is the bank’s target for investors. With the increasing demand for the realization of physical gold, the real-time quotation repurchase business has been launched, and pure gold and gold products purchased through various channels can be quickly "liquidated" as long as they comply with relevant regulations, truly realizing the investment value of gold. This means that all gold can be recycled.

In terms of transaction price: real-time quotation for repurchase, the price closely follows the gold market price. The repurchase price of gold products is determined by subtracting a certain repurchase spread from the basic repurchase price. The basic repurchase price is set by the bank with reference to the real-time transaction price of the Au99.99 contract on the Shanghai Gold Exchange.

The scope of gold repurchased is wide: as long as the gold quality is Au99.0 and above, all gold products will be repurchased

Prompt realization: after the inspection, the repurchase funds will be received in real time to meet customer emergencies Realization needs

Transparent testing: The testing process is fully transparent, and customers follow the entire operation process

Many investors invest in gold products out of the need for risk hedging and asset allocation, and there are also investors Profit from trading gold with professional research on gold.

In terms of spot gold, the Shanghai Gold Exchange officially opened in October 2002, and investors can open agency precious metal transactions through commercial banks;

In terms of futures, the Shanghai Futures Exchange opened in 2008 Gold futures will be officially launched in 2019, and you can participate as long as you open a futures account with a futures company.

Futures adopt a margin trading system, and the leverage effect magnifies returns and risks; at the same time, it adopts a two-way trading method, which allows short-selling;

Futures investment has a high starting point and high risks, so ordinary investment is not recommended Invest in gold products through futures.