How much are the gold bars?

Affected by the international situation, as a safe-haven asset, the price of gold has increased greatly recently. But for physical gold investors who have already bought gold bars, how to sell them at a high price at this stage is the key.

How much are the gold bars?

1 Bank: It is common to buy gold bars in banks, and it is generally stated whether gold bars can be recycled. If the bank says it can be recycled, we can recycle it at the bank. But under normal circumstances, banks will only recycle their own gold bars, and they are gold bars for investment. Some technically processed gold bars often have commemorative properties, and there will be various design fees, processing fees and other costs, and banks will not recycle them. For example, zodiac gold coins, zodiac gold bars and so on.

However, even if we buy gold bars in the bank, the quality cannot be completely guaranteed. Therefore, we suggest that you try not to open it, and you must keep the receipt and other materials to avoid disputes during recycling.

2 Gold shops: Many gold shops will have gold recycling offices, but this usually charges a certain inspection fee, and the recovery price of gold is often lower than the market price.

In short, when we invest in physical gold, whether it is buying or selling, it is best to inquire about the gold price of the day through various channels. Moreover, as an investment product, although gold has a certain hedging function, it will also be accompanied by risks. It is best to know what problems to pay attention to in advance when buying physical gold.