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What is the current price of gold and what procedures are required to open a gold store?

The gold on the Shanghai Gold Exchange is available in three specifications: 100 grams (purity 99.99%), 1000 grams (99.99%), and 3000 grams (99.95%). The current prices are 319.9 yuan/gram and 318.7 yuan respectively. /g, 318.5 yuan/g (quote at 11:24). It's bare gold. Gold is still on an upward trend, but if you open a gold store and don't stock up on large quantities, the price impact will not be great. Moreover, TD on the Shanghai Stock Exchange can be used for hedging. Even if the price of gold falls, you can make up for it

If you go through the procedures, you can engage in gold and silver jewelry retail at ICBC

. If you apply for a business license for individual industrial and commercial households, you need to submit the following documents:

1. Application for opening of an individual industrial and commercial household (obtained at the industrial and commercial office where the business is located);

2. Copy of personal ID card;

3. Proof of site use;

4. Four photos of the operator.

If applying for a company business license, the following documents must be submitted:

1. Notice of pre-approval of company name.

2. Application form for company opening (obtained from the industrial and commercial department);

3. Articles of Association;

4. Capital verification report issued by an accounting firm;

5. Proof of use of venue;

6. Proof of identity of shareholder;

7. Proof of identity of principal;

8. Shareholder Meeting minutes;

9. Directors, supervisors, and managers’ appointment documents;

10. Legal representative’s appointment documents.

If you still have any questions, please communicate again