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Joacii Jewelry-OEM & ODM Fine Jewelry Manufacturer & Supplier Since 1998.

The price of gold fell below 300 yuan per gram to invest in gold jewelry is of little significance

?Compared with other jewelry, gold with more value preservation is loved by many consumers, but gold jewelry is not suitable for investment. The price per gram is higher than the price of gold bullion due to the integration of multiple processes in gold jewelry, and the repurchase process of gold jewelry It is more complicated than gold bars and often less cost-effective. In the past week, the international gold price has continued to fall and has set a three-month low of 1085.20 US dollars per ounce, which is only one step away from the 6-and-a-half-year low of 1077 US dollars touched in July. Affected by this, coupled with the 'Double 11' promotional activities the day before yesterday, the prices of gold jewelry from major brands have become more affordable to the people, and citizens are enthusiastic about buying gold. In order to allow citizens to buy their favorite gold jewelry, some merchants have launched special promotional activities to make all kinds of gold hot jewelry appear on the market, including necklaces, bracelets, rings, etc., with more diverse products and certain discounts. On November 10th, in a certain brand gold store, a lady was choosing gold bracelets. 'The price of gold is quite affordable now. I want to buy a bracelet of about 30 grams. It happens that there are activities in the mall.' The salesperson on the side said that the price of gold on the day was 265 yuan per gram. If you buy more than 5 grams of gold at a time, you can enjoy it. The discount of 245 yuan per gram is very attractive to consumers with rigid needs. In another branded gold store, the price of gold per gram on that day was 284 yuan. Consumers who purchase less than 11 grams will receive a further discount of 11 yuan per gram, and those who purchase more than 11 grams will receive a further discount of 22 yuan per gram. 'The price of buying gold now is particularly suitable. Today, the price of gold in our store is 285 yuan. To catch up with the Double 11 event, each gram will be reduced by 30 yuan, which is equivalent to 255 yuan. There are many types of goods, and consumers are more selective.' The salesperson said that the price of gold once rose to nearly 310 yuan in the middle of last month. In recent days, the price of gold has been relatively low compared to the previous period. More consumers went to buy. The reporter saw that although it was past night 8 o'clock, but there are still many citizens buying gold. 'I came to choose with my daughter. Now the gold jewelry has better craftsmanship, and the design is also very fashionable. It is suitable for young people to wear. The key is to maintain its value.' Citizen Ms. Pei said. The annual wedding season and the end of the year are the traditional peak seasons for gold jewelry sales. Since the beginning of this year, international gold prices have been hovering at a low level. Coupled with the promotion of the 'Double 11' event, the sales of gold products have recently been better than in the previous period. Compared with other jewelry, gold with more value preservation is loved by many consumers, but gold jewelry is not suitable for investment. The price per gram is higher than the price of gold bullion due to the integration of multiple processes in gold jewelry, and the repurchase process of gold jewelry is higher than that of gold bars. Gold bars are complex and often uneconomical. If you want to gain appreciation through gold, it is best not to buy gold jewelry. According to industry insiders, although gold jewelry is favored by the people and has the function of holding value, gold jewelry is not equivalent to gold investment. For investment purposes, it is recommended to choose investment gold bars or paper gold. 'The investment gold bars in our store are selling very well. Now they are out of stock, and there is only one piece of 20 grams left.' said a salesperson in a gold store. Previous post: How to care for a diamond ring Wedding diamond ring care taboo Next post: Precautions for choosing a large diamond

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