How to exchange old gold for new gold?

Trade-in gold can be exchanged directly at the chain stores. If it is the gold ornaments of our brand store, there are several small rules to follow when depreciating:

1, 30/ g for gold jewelry depreciation.

2. The re-selected gold jewelry is more than 25% larger than the old jewelry.

You have to pay extra for the new gold jewelry.

If it is not a gold ornament of a brand store, you need to follow the following rules:

1. Old gold jewelry should be tested for melting, and then the weight of melted gold should be calculated as the weight of real gold jewelry.

2. The depreciated gold jewelry will be charged a depreciation fee of 30/ gram.

3. The re-selected gold jewelry is more than 25% larger than the old jewelry.

4. The new gold jewelry needs to pay extra manual fee.

The price of gold is calculated by weight. There are several weighing methods in precious metals and gemstones market. The most commonly used system is the troy system, and one troy ounce is about 31.10g; An ounce is about 28.35 grams.

This price is the dollar price per ounce of gold. The rise in the price of gold will affect the currency prices of some countries. There are many factors that affect the price of gold, such as: international politics, economic exchange market, interest rates and monetary policies of major European and American countries, the increase or decrease of gold reserves of central banks, the increase or decrease of gold mining costs, the increase or decrease of jewelry gold, etc. According to these factors, investors can make a relatively basic judgment and grasp of the trend of gold prices.

References: Baidu Encyclopedia-Gold Price, Phoenix Net-Gold Trade-in.