1 thought on “Now that the gold has grown, why don't I go to the gold shop and grow it for me”

  1. the recovery standards are different
    on the international gold price trend chart, gold refers to "gold" in a unified way. However, in real life, there are various situations in which gold exists. For example, there are different gold bars sold by different banks, different types of gold jewelry made by jewelry manufacturers, gold foil in the name of usable, various gold powders or articles added with a certain proportion of gold, and even gold historical relics. Different forms of gold will make the prices of these gold products very different. Therefore, except for the gold bars sold by banks, it is difficult for other existing gold to follow the international gold price
    taking gold jewelry as an example, the costs of different jewelers in making gold jewelry will vary greatly. The first is the reputation of jewelers. The greater their reputation, the greater their demand for gold, so that they can obtain gold raw materials at a lower price. Secondly, different processing methods will also affect the price of gold jewelry. The more famous artisans are, the higher their labor costs will be. In addition, there is the geographical location of the jewelry store. The reason why the geographical location can affect the price of gold jewelry is mainly because the operating cost of the store is different. The smaller the place, the lower the price of gold jewelry. Just the price of gold jewelry has such a large fluctuation range. It can be imagined how the form of gold will affect the price of gold, let alone the recycling channel
    if the investors unfortunately encounter the above three situations and the banks refuse to recover gold bars, many people may choose to trade gold bars in gold bars. However, unlike banks, gold stores do not recycle in strict accordance with the international gold trend price. Most gold stores will discount a certain proportion. Therefore, even if the international gold price rises, it is not surprising that there is a loss in the recovery.

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