Shopping malls: Many jewelry sales counters in shopping malls have set up gold recycling services, but they can only be exchanged for new ones and cannot be realized directly.
The so-called trade-in is to convert the weight and purity of gold jewelry into a certain price, exchange it for jewelry in shopping malls, and then charge a certain processing fee.
Bank: Banks have strict recycling conditions. In order to ensure purity and grams, they generally only recycle their own gold bars.
Pawnshop: Pawnshop is characterized by a much lower pawn price than the market price, but its advantage is that it can be redeemed, which seems more flexible than other channels.
Usually, the interest and comprehensive expenses of pawn shops need to be paid in advance. So we will deduct a certain fee from the money we really get.
If you want to redeem the original gold jewelry after the specified date, you need to redeem it at the original price at that time. If an extension is needed, interest must be paid again.
Gold store: The recycling price provided by the gold store is generally lower than the real-time gold price of the day. If you meet bad merchants, you will also be eaten by gram weight and purity.
Gold recovery, also known as gold recovery, refers to the recovery of gold products or gold-containing articles, the basic purpose of which is to realize or reuse. Most of gold recovery is also engaged in the business of selling old gold, recovering platinum and recovering palladium.
Gold recovery is different from general goods recovery. Whether it is the weighing of weight, the determination of color or the determination of price, it has formed a unique recovery system. Because gold is recycled, it is also called recycling gold regardless of brand. The main price factors of recycling are determined by the gold content and the international basic transaction price.
As a precious metal, gold has good physical properties, high density, heavy hand feeling, softness, pure texture, beautiful color, good ductility and malleability. The value of gold is high, and the total loss in the recovery process is small, so the recovered gold has high reuse value.
Common sources of gold recovery are: gold ornaments, gold derivatives (such as colored gold, rose gold, K gold, etc. ), invest in gold bars, coins, gold minerals, placer gold, industrial gold powder, gold water, etc.
Process cycle
For gold ornaments and gold bars, the general process of recycling is: telephone contact → meeting → weighing → color confirmation → price confirmation → payment confirmation → delivery → recycling completion.
The general circulation channels of gold recovery in the market are: gold recovery → gold refinery → trading in Shanghai Gold Exchange → gold users → consumers. The largest gold refinery in China is Shandong Gold Refinery, with an annual refining capacity of over 200 tons.
The price of gold recovery is usually determined according to the gold content and recovery amount of the baby. Large payments are generally made by bank transfer, which is safe and real-time. Small and medium-sized loans are sometimes repaid directly.
When consumers recycle gold, they generally need to provide bills. If it is gold bars, they also need to show the corresponding product certificate. In gold recycling, we should try to choose a reputable gold recycling company in order to realize real-time safe realization.