Why is the price of gold in the international gold market and the gold price in the jewelry shop differently

I saw that today's international gold price is RMB 257/gram, but I query the price of gold in the store is 324 yuan/gram. Why is there such a difference? What are the major jewelry shops to locate the price of gold?

5 thoughts on “Why is the price of gold in the international gold market and the gold price in the jewelry shop differently”

  1. The reasons for the different prices of gold in the international gold market and the gold price in the jewelry store:
    The raw materials for the gold jewelry in the jewelry shop are to buy nude gold, and then enter their own design and processing to form their own products, including store rent , Handling fees, freight, custody, profit. Therefore, the gold in the jewelry store is more expensive than the price of gold in the international gold market.
    . Gold Investment
    Gold has been an investment tool for a long time. It is highly valuable and is an independent resource, which is not limited by any country or trading market, and it is not involved with the company or the government. Therefore, investment gold can usually help investors avoid problems that may occur in the economic environment. Moreover, gold investment is the most tax burden in the world. Gold investment means investing in gold bars, gold coins, and even gold jewelry. There are many different types of gold accounts in the investment market.
    . Investment in gold value
    Gold is a chemical element, which has a stable chemical properties and has almost no chemical reaction with any material in a natural state. Gold has a golden luster, soft texture, and is very easy to process the shape of the adults. Gold 19.6 grams/cubic centimeter is one of the most density substances that are easy to carry. Gold is a scarce natural resource. After thousands of years of mining accumulation, human beings have only about 140,000 tons. Even in the contemporary contemporary contemporary mining technology, the annual output of gold is only over 2,000 tons. These characteristics determine the natural attributes of gold.
    Mespace is spoiled for people in various periods because gold has a beautiful luster, natural scarcity and excellent physical and chemical properties. In the history of the 5,000 -year civilization that can be tested, no material, like gold, has a close relationship with social evolution and socioeconomic and social economy, becoming a symbol of the carrier, wealth and identity of long currency. Therefore, in the evolution of the history of human civilization, gold has two attributes: currency and commodities. Accordingly, the price of gold is determined by the dynamic balance of its two attributes.

  2. The price of international gold is RMB 257/gram, and the price of the Shanghai Gold Exchange is also different from the international gold price. The price of gold in the weekly store is 324 yuan/gram, which contains processing costs, transportation costs, brand fees, normal costs, profits, taxes, etc. The processing costs in various places are not the same, but the difference is not much. Taking the first city in China -Zhaoyuan as an example, the gold, price, and processing costs of gold are low in China. Zhaoyuan's gold jewelry cities are also the largest places to operate gold jewelry and product manufacturers in China.

  3. 1. The international gold price quotation is based on the US dollar, which is converted to the exchange rate of the US dollar with the US dollar. As for the differences between these two, the online quotation is online transaction price. The market is a market business transaction. s price.

    2. The price in the gold shop should be added to many handling fees, including store rent, handling fee, freight, custody, profit. The price of each jewelry shop is quoted according to its own situation.

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