3 thoughts on “What are the Gold Recycling channels in Wuxi?”

  1. It is known that in fact, there are various gold recycling channels in the market, and various standards are different. The following is a common gold recycling channel:
    . Bank recycling
    The banks only recycle their own brand gold bars, ICBC recycled "Ruyi Gold", Agricultural Bank of China recycled the "handed down treasure", CCB recovered "Long Ding Dinglong" gold". The repurchase fee is generally ranging from -5 to 20 yuan per gram based on the day.
    Is when applying for a bank gold repurchase business:
    1. Take the original ID card;
    2. The number must be consistent with the gold bars number to be repurchased;
    4. The packaging of physical gold should be intact, and gold cannot have scratches or damage;
    . Gold shop recycling
    The store recycled investment funds, and generally only the big brand gold shops only recover their brand gold bars.
    The golden shops are generally recycled, and the recovered price will also be ranging from -2 to 10 yuan per gram according to the brand's sale on the day. Different gold shop standards are different. If you buy a brand gold bar, it is best to leave the receipt, and the cost of recovery in the brand store is relatively low.
    . Folk recycling
    can find some private brand companies that focus on gold and silver. They will repurchase gold bars at high prices, and the entire process is very fast:
    1. General repurchase price is sold according to the day according to the day according to the day. Bid-1 per gram.
    2. Any brand of gold bars and gold accessories can be repurchased at any time. There are special testing equipment for purity testing.
    3. The test is qualified and directly reflected according to the weight.

  2. The chain from the factory to the consumer is in accordance with: Gold Switching Factory --- Gold Wholesaler --- Jewelry Processing Factory ---- Golden Store ---- Consumer ---- Recycling stage ------------ Gold smelter. The entire gold industry chain is progressing around such a closed -loop chain. By analyzing such a chain, the first problem can be explained.
    Why the price of gold recovery is lower than the price of gold shops? It is because there is a circulation cost. The gold smelting factory generallylesale gold materials to gold wholesalers, wholesalers increase the price to jewelry processing plants (jewelry processing plants sometimes wholesalers), jewelry processing plants will have processing fees, design fees, taxes, etc. The factory is purchased, and the profit of rent, employee salary, publicity fee, taxes, etc., and the profit of gold shops.
    . Generally, if the price of one gram of gold is about 240 yuan, the sales price of the Golden Store is 280-330 yuan, and there are generally 40-80 differences in the middle. These differences are gold price processing fee loss cost service fee brand fee taxes profits. However, when consumers spend high prices, jewelry that is purchased in the decision to sell has entered the recycling stage of gold jewelry.

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