Why is the price of gold so low in China?

The main reason is that China's first style is simple, the complexity of the process is different, and the processing costs are different. That's why it seems that China is cheaper.

It is the norm for **jewelry brands** in first- and second-tier cities to be higher than in third- and fourth-tier cities. Since the cost such as rent, labor and various endorsements are higher than those in smaller cities, the price of gold is different in different cities. In jewelry stores in third- and fourth-tier cities, if the price of ** is too high, few people will buy it.

After all, the level of consumption exists objectively, and third- and fourth-tier cities naturally cannot be compared with first- and second-tier cities.

The influencing factors mainly include time, style and shape, and there is also a certain relationship with the brand. If it is an international brand, which has been established for a long time and has well-known celebrity endorsements, then ** will naturally be more expensive. And some quality-oriented brands may ignore issues such as celebrity endorsements, and ** will be lower.

When choosing, we should pay attention to the analysis of many factors, different brands have different characteristics, and choose according to their own situation. International** also affects the price of gold, which is also one of the most critical factors.

China's pricing is determined by supply and demand in the trading market, and it is very transparent. The ** sold in the gold store must be higher than the market of the gold exchange**, and if it is lower than the market**, there will be arbitrage space.

Generally, the premium part of the gold store sold in the gold store represents the labor cost of processing, and the complexity of the processing is in line with the division of labor depends on the consumer's own ideas, after all, the merchant also has to make money, and there is brand value in it.

So the so-called low is more or less relative, because **the** is very transparent!

The price of gold in China is lower than that of others because it is mainly aimed at mass consumers.

Therefore, the sales ** is relatively close to the people. China ** is the first level of China's physical gold, followed by other brands, and relatively speaking, China ** does not process much, it is all gold bars and the like, there are few complex ring necklaces, and there is no processing fee is naturally cheap.

Knowledge related to ** has:

1. **** is calculated by weight. There are several methods of weighing in the *** and gemstone markets. The most commonly used is the troy system, where an ounce of troy is approximately equal to a gram; And one constant ounce is about equal to a gram. This is dollars per ounce;

2. The rise in gold prices will affect the currencies of some countries. There are many factors that affect the world, such as: international politics, the economy, the foreign exchange market, the interest rates and monetary policies of major European and American countries, the increase and decrease of central banks on the reserves, the rise and fall of mining costs, the increase and decrease of industrial and jewelry gold, etc., all have an impact on its trend;

3. Investors can make relatively basic judgments and grasp of the trend of gold prices according to these factors. Capital: "Money is naturally gold and silver, gold and silver are not currency", illustrates the investment attributes, and has become a long-term concentrated all resources to devote itself to the FXCM global gold exchange platform, stock index CFD trading industry, investment up to $30 billion per month, indicating that it is an independent resource, investment is the world's most commonly used investment hedging and two-way trading products, speculation can also be simulated trading, so there are many different types of investment in the investment market** Type;

4. There is no guarantee of investment and financial management, of course, it is the same, similar to **. Therefore, foreign exchange and ** trading are financial management after all, basic knowledge is still needed, and not foreign exchange and ** trading companies can be chosen, and not all investments can be profitable, so preparation or introductory knowledge is very important;

5. **** is generally XAUUSD or GOLD. The introduction to investment is an investment behavior, and it is an auxiliary index to judge the trend.

China**. Mainly to sell gold bars.

Mainly, the jewelry design process is relatively simple, there are no complex production and processing procedures, and the process cost is not high, and the cost is naturally cheaper than other brands.

** International gold price.

is unified, non-spot**.

The ** is consistent, for example, the ** of gold bars bought at the bank is the same, but you are in China** and Luk Fook Jewellery.

The gold bars purchased are certainly not a price, as they are already counted as **jewelry. Different brands of **jewelry** are also different.

Extended Material: Brand Premium.

Each ** jewelry brand has its own brand premium, ** jewelry has a brand, such as the common Zhou Tai Sheng.

Zhou Shengsheng and others, and even some local brands and private gold stores, the different brands, **jewelry** are also different. Consumers also prefer ** jewelry with brand trust endorsement and are willing to pay for the brand's **. In this regard, the brand premium of Lukfook Jewellery is higher than that of China**, and the two are not the same coffee brand.

**Pricing method.

There are two kinds of jewelry: price by gram and fixed price, different sales methods, **jewelry** will also be different. Comparatively speaking, the price of a fixed price is definitely higher than that of a price by gram. As for why, keep reading.

Processing technology, the craftsmanship of jewelry will also affect the craftsmanship of jewelry. The level of craftsmanship in different factories directly determines the delicacy of the jewelry, so the labor cost of the jewelry in each factory is different, which also determines the different jewelry produced by different factories. On the whole, the sophistication of Lukfook Jewellery should be higher than that of China.

Of course, differentiated pricing of the best jewelry gives consumers more power to choose, not completely monopolized by big-name jewelry, some small brands with low pricing can also be developed, so that consumers can get more benefits.

**has always been**.

1. For historical reasons, it is the most valuable thing in history.

2. The total amount of the earth's largest amount is so small, but the number of people is increasing, and the more people who buy it, will affect it.

3. Financial markets.

policy will have a direct impact on the price of gold.

4. ** is almost equivalent to the US dollar, but different from the US dollar (my own experience).

The main reason is that China's top style is simple, the complexity of the process is different, and the processing costs are different, like some of the top 100 brand stores, and the brand effect is also part of the reason for the high price, so it will appear that China's top is cheap.

China ** Group, referred to as China **, is the only ** enterprise in China's ** industry, the president unit of the China ** Association, and the only Chinese board member unit of the World ** Association.

August 7, 2019. The Gansu Provincial Administration for Market Supervision issued the "Notice on the Results of the Provincial Supervision and Random Inspection of the Second Batch of Industrial Product Quality in Gansu Province in 2019", of which 50 batches of *** jewelry and products were sampled, and 9 batches were unqualified, and China ** was on the list.

In April 2020, it was selected into the list of "Science and Technology Reform Demonstration Enterprises" of the State-owned Assets Supervision and Administration Commission.

History:

China ** Group was established in early 2003, and its predecessor was China ** Corporation, which was established in 1979. China** is the president unit of China** Association.

It is the only member of the world's leading association in China, mainly engaged in the survey and design, resource development, product production and sales of gold, silver, copper, molybdenum and other non-ferrous metals, as well as general contracting of projects, and is a comprehensive large-scale mining company integrating geological exploration, mining, mineral processing and smelting, product refining, processing and sales, scientific research and development and engineering design and construction.

China's total daily ore processing capacity is 150,000 tons, and its output and sales volume rank first in the country. Headquartered in Beijing, the group has 57 secondary subsidiaries.

It is distributed in 26 provinces and regions in China and some overseas regions, including 2 listed companies ("CICC**" in the domestic A** market and "CICC International" listed on the Toronto Stock Exchange and the Hong Kong Stock Exchange in Canada).