Which outlets of ICBC can handle gold repurchase business?

Bring physical gold, valid identity documents and invoices (if any) that meet the repurchase requirements, and go to designated business outlets in any area to handle the repurchase business.

At present, there are two kinds of gold that belong to spot gold investment in China, one is raw material gold bar, and the other is New Year gold bar. Although the buying and selling prices of different merchants are different, they are all based on the real-time price of Shanghai Gold Exchange, and then they are adjusted up or down accordingly.

According to the regulations of China Gold Flagship Store, when consumers buy repurchased investment gold bars, they should add 8 yuan handling fee per gram on the basis of the current quotation of Shanghai Futures Exchange; When re-selling, you need to subtract 2 yuan from each gram on the basis of the day's quotation price to realize it.

Extended information Because physical gold repurchase involves how to identify the fineness and authenticity of gold, it needs to be verified by some technical indicators and the identification of weight and appearance, which undoubtedly increases the difficulty of physical gold recovery.

It can be seen that an important reason for the poor repurchase channels is the high cost of gold repurchase. The issue price of physical gold is the raw material price plus various handling fees, operating costs and profits, and the repurchase is the market gold price minus the repurchase recasting cost. In this way, investors who hold physical gold can only rely on the sharp rise in the price of gold or the improvement of the collection value to make profits.

In addition, due to the lack of unified investment appraisal standards and corresponding policies and regulations, gold repurchase is in a narrow and chaotic situation, which is also an important reason for the difficulty of gold repurchase.

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