Why don t gold stores accept gold bought by banks?

Updated on Financial 2024-07-19
7 answers
  1. Anonymous users2024-02-13

    The specific reason why it will not **.

    If you buy a commemorative ** product at the bank, this product is usually the zodiac that the bank promotes during the Spring Festival every year.

    The main purpose of the products is to allow consumers to collect and commemorate, and the bank will not carry out the collection. There are also gold necklaces, gold rings, gold bracelets and other **jewelry, which banks and gold stores will not carry out**. The bank's current gold bars are the ones that were purchased from their own banks.

    However, it can only be done at the designated counter**.

    When the bank is in the first place, it will test the authenticity and gram number of the product, and verify the number and certificate of the product, and will repurchase it when it is considered to be a real gold bar after inspection. This is a relatively cumbersome operation.

    The upfront appraisal fee is borne by the customer, and the customer is unwilling to spend the unjust money, so the bank will try its best to take the countermeasure of "only selling but not receiving" in order to avoid offending the customer.

    Extended information: 1. The international **** has risen sharply, and the domestic **products** have also followed**, but for ordinary people, the reason why they can make money by buying ** is not seen.

    a) If you are buying a commemorative coin.

    **Jewelry, etc., banks and gold stores will definitely not buy back.

    2) Even if the gold bars are repurchased by the bank, the bank must invest a lot of manpower and energy to identify them, and the appraisal fee must be paid by themselves.

    3) In addition, even if the bank buys back your **, it will also earn a part of the profit, so even if the bank buys back your **, the customer has already had nothing to earn.

    2. How to distinguish the true from the fake.

    a) Look at the color. The color of ** with high gold content is reddish gold, 80% of the gold content is yellow, and 70% of the gold content is green, and the gold content can be judged according to the color;

    ii) Weight. **Compare.

    The same volume of silver, lead, and tin weighs about twice as much, real gold.

    There is a feeling of falling in the hand, while copper or other only has a heavy feeling and no feeling of falling;

    3) Listen to the sound, when the high-quality ** jewelry is knocked or thrown hard, there is no rhyme, the sound is dull, and other metals are brittle and no dullness.

  2. Anonymous users2024-02-12

    This is done to reduce the risk of the bank receiving a fake**.

    Extended Materials. Most of the physical gold purchases at the bank are investment types, and you only need to bring your ID card and money to buy them.

    The analysis is as follows: 1. Some agreements need to be signed to handle investment gold bars, and the normal process is not troublesome. If you are interested in **investment, you can learn about the current hot spot** investment. If you want to buy gold jewelry, just go to a regular gold store and buy it.

    2. It has always been the last line of defense against the turbulence of the international economic, political and financial situation, and it is also one of the important choices for investors to maintain value and prevent inflation. At present, Industrial and Commercial Bank of China, China Merchants Bank, Industrial Bank, etc. have launched physical investment products. Investment in kind**, investors only need to hold cash or a savings card issued in the bank and ID card and other valid documents, you can buy according to the bank's announcement, and the bank will issue invoices, contract notes and other vouchers for investors.

    Investors can choose to take ** away, or entrust it to the bank for safekeeping.

    3. However, the details of the physical ** investment of each bank are not the same. Investors should understand clearly before making a choice before they can choose the right physical item for themselves**.

    4. Some banks' physical investment products are only physical products to investors, and banks do not provide free custody and repurchase services. Investors are like buying jewelry in a store, and they need to take the gold bars home after paying the bill. However, it is different from the **store, the purchase of physical goods in the bank**, firstly, its quality can be guaranteed, and secondly, its ** is linked to the international ****, with high transparency.

    The current state of the market. 1. Statistics recently released by the China ** Association show that in the first half of 2015, the national output was completed by tons, an increase of tons over the same period in 2014, a year-on-year increase. Among them, the first ton of mineral gold and the ton of non-ferrous by-product gold.

    2. At the same time, China's consumption has declined. In the first half of 2015, the country's first-class consumption tons, compared with the same period in 2014, decreased by tons. Among them, the tonnage of gold used in jewelry manufacturing decreased year-on-year, the tonne of gold bars and coins, and the tonne of industrial and other gold.

    3. According to the data of the "Analysis Report on the Market Prospect and Investment Strategic Planning of China's Leading Industry", from April 2013 to mid-2015, the international gold price has been in a downturn after a sharp increase. From the perspective of the global economic situation, the world economic growth rate may rebound slightly in 2015, but the overall weak recovery is difficult to change significantly, the volatility of the international financial market and the commodity market has intensified, and the non-economic factors such as geopolitics have a great impact, and there are still many uncertainties. With the strengthening of the US dollar, in 2015 and non-ferrous metals, oil and other commodities are running at a low level, the next few years gold prices will run at a low level or will become a "new normal".

  3. Anonymous users2024-02-11

    Summary. Most of the bank's gold bars or coins are of reliable quality and purity. However, gold shops do not necessarily accept the bank's, mainly because:

    There is a big difference between the purchase price and the ** price: gold stores will generally purchase at a lower ** and ****** at a higher price. The purchase price of the bank is often higher than that of the gold store, so the gold store is reluctant to buy the bank's **.

    Gold stores have acquisition channels: Gold stores often have their own acquisition channels, such as through the acquisition of old gold jewelry. Therefore, gold shops do not necessarily need to buy from the bank**.

    It is difficult for banks to identify and authenticity: As a professional trading institution, gold shops usually need to identify and inspect to ensure their authenticity. It may be difficult for the bank to identify its specificity and authenticity, so the gold shop may be cautious about the bank's.

    Although the quality of Huang Xihe Travel Gold of Bank ** is reliable, the gold store may not necessarily accept the acquisition, mainly due to the difference in the interests and business models of the commercial auction stool industry. If you want to be a bank, you can choose other trading institutions or platforms, such as trading platforms. At the same time, before ****, it is recommended that you understand the market auction ** to get a better deal**.

    I'm still a little confused, can you be more detailed?

    Most of the bank's **gold bars or gold coins are in the hold, and their quality and purity can be trusted. However, the gold store will not necessarily accept the bank's **, which is mainly because: the purchase price is quite different from the ** price:

    Gold stores generally acquire at a lower price and ****** at a higher price. The purchase price of the bank is often higher than that of the gold store, so the gold store is reluctant to buy the bank's **. The gold store has a channel for acquisition:

    Gold stores often have their own ** acquisition channels, such as through **old gold jewelry and other sections of the mountain acquisition**. Therefore, gold shops do not necessarily need to buy from the bank**. Banks are difficult to identify and authenticity

    As a professional trading institution, the gold shop usually needs to identify and inspect the gold store to ensure its authenticity. It may be difficult for the bank to identify its specificity and authenticity, so the gold shop may be cautious about the bank's.

  4. Anonymous users2024-02-10

    Summary. Pro, the reason why the bank buys the gold store does not accept is that the cost is very high, different from the general items, whether it is the weighing of the weight, the determination of the fineness or the determination of the price, it constitutes a unique system.

    Pro, the gold store that the bank buys does not accept the original Hui Bureau because the cost is very high, different from general items, whether it is the weighing of weight, the determination of fineness or the determination of the price, it constitutes a unique system.

    Pro, worried about affecting sales, if the brand gold store ****, it will cause a certain impact on customers. For example, if a customer plans to buy from this store, and at the same time sees that this store is also in ****, he may feel that ** is processed, not brand new or pure**.

    Related information:**Including: Chow Tai Fook Chowtaifook, Chow Sang Sang, Chow Tai Seng Chowtaiseng, Luk Fook Jewellery Bureau, Noisy Cong Lao Feng Xiang, Lao Miao**, Chao Wang Kei, Tse Sui Lun Sheng La Ying TSL, Cai Bai Jewelry, Ming Pai Jewelry, etc.

  5. Anonymous users2024-02-09

    Summary. Hello, I am glad to serve you and give you the following answer: Why doesn't the gold store accept the ** bought by the bank?

    This is because what the bank buys is not real, but the financial products issued by the bank, and they are just a virtual currency invested by investors, not the real one. Workaround:1

    If you want to buy real **, you can go to a regular gold store to buy, the gold store will provide legal ** products, and will provide corresponding supporting documents to prove its authenticity. 2.If you want to buy financial products issued by the bank, you can go to the bank to handle relevant business, and the bank will provide the corresponding financial products and the corresponding supporting documents to prove their authenticity.

    Personal experience: When buying**, be sure to carefully check the authenticity of the product to avoid buying fakes. At the same time, you should also be careful not to buy financial products issued by banks, because they are just a virtual currency invested by investors, and not real **.

    Why doesn't the gold store accept the ** bought by the bank?

    Hello, I am glad to serve you and give you the following answer: Why doesn't the gold store accept the ** bought by the bank? This is because what the bank buys is not real, but the financial products issued by the bank, and they are just a virtual currency invested by investors, not the real one.

    Workaround:1If you want to buy real **, you can go to a regular gold store to buy, the gold store will provide legal ** products, and will provide corresponding supporting documents to prove its authenticity.

    2.If you want to buy financial products issued by the bank, you can go to the bank to handle relevant business, and the bank will provide the corresponding financial products and the corresponding supporting documents to prove their authenticity. Personal Experience:

    When buying**, be sure to carefully check the authenticity of the product to avoid buying fakes. At the same time, you should also be careful not to buy financial products issued by banks, because they are just a virtual currency invested by investors, and not real **.

    You've done a great job! Can you elaborate on that?

    Hello, I am glad to serve you and give you the following answer: Why doesn't the gold store accept the ** bought by the bank? This is because what the bank buys is not real, but the financial products issued by the bank, and they are just a virtual currency invested by investors, not the real one.

    Workaround:1If you want to buy real **, you can go to a regular gold store to buy, the gold store will provide legal ** products, and will provide corresponding supporting documents to prove its authenticity.

    2.If you want to buy financial products issued by the bank, you can go to the bank to handle relevant business, and the bank will provide the corresponding financial products and the corresponding supporting documents to prove their authenticity. Personal Experience:

    When buying**, be sure to carefully check the authenticity of the product to avoid buying fakes. At the same time, you should also be careful not to buy financial products issued by banks, because they are just a virtual currency invested by investors, and not real **.

  6. Anonymous users2024-02-08

    If you are investing in gold bars, it is recommended that you go to the bank and buy them. The procedures are formal, and the purity of the gold bars is also ***. Banks happen to be in the business of buying gold bars.

    If you go to a gold store to buy, it is more expensive, because the main business of the gold store is to sell jewelry, and gold bars are not the main business. Most of the gold bars in the gold shop have been processed by special technology, the purpose is to have collection value, and it belongs to the process of processing dogs with special technology. Because it is much finer than ordinary gold bars in the bank in terms of workmanship, the cost is higher.

    In addition, the purchase channels of the two are different, and it is important to know that gold bars are commodity advantage investment products, which are regulated by multiple regulatory authorities. The special relationship between banks and state assets is obviously much more than that of gold stores in terms of channels, so the cost of taking goods is obviously advantageous.

  7. Anonymous users2024-02-07

    Bank'sGold barsThe overall difference with gold bars in gold shops is the following four points:

    1) The first purchase channel of the goods and the way to obtain profits are different.

    2) ** Merchants and their brands are different.

    3) Their roles are also different, one is used to make a profit and is sold as a commodity, and the other is used to manage money.

    4) In addition to the above points, their fineness is not equal.

    According to the above points, it may be the reason why the gold store does not ** bank gold bars, most of the gold bars in a bank ** are subject to a variety of regulatory departments, do the role of financial management, in order to stabilize the market under normal circumstances, the gold store is not going to **.

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