1 10,000 gold bars rose to10.5 million, and the bank refused. The gold shop only offered 900,000 yuan. Why?

First of all, it is undeniable that some banks do not recycle gold at present. Currently, many banks are selling gold. When people go to bank outlets to handle business, bank salesmen are very active in promoting gold. They are all very enthusiastic and positive when selling, and they use all kinds of good words, but when everyone buys gold and gold appreciates, the bank may refuse to sell it back to the bank.

Many people are quite puzzled about this. Why do banks refuse to buy back gold? There are three possible reasons why banks refuse to recycle gold. In the first case, everyone sells gold to different banks. At present, major banks will basically not buy back non-silver gold. For example, the gold that everyone bought in ICBC is sold in CCB, and CCB probably doesn't agree.

In the second case, there are no professionals and testing equipment in the bank outlets. Gold is sold by the gram, and any deviation may cause huge losses. When banks sell gold, they basically buy gold through formal channels. The purity of gold is very high, and there will be no shortage of gold. It is precisely because of the trust in the bank that customers will not have any worries when buying bank gold. But it is different for customers to sell gold back to banks. As for whether customers are honest, banks can't judge whether they have tampered with gold.

At present, some criminals will do something after buying gold, such as scraping off some gold or mixing iridium with yellow finance. If they are not professionals and have no professional testing equipment, they will not be detected at all. For example, a person buys 100 grams of gold bars from a bank, then sneaks on the gold bars, deducts 5 grams of gold, and then supplements 5 grams of iridium, so that the bank needs at least 1000 yuan to recover gold. It is precisely because of the fear of problems with gold that many bank outlets without professionals and testing equipment will not easily buy back gold.

In the third case, the bank is worried that the price of gold will fall.

The most fundamental purpose for banks to sell gold is to make a profit. The time for customers to sell gold is generally when the price of gold is relatively high. At this time, if banks buy back gold easily, they may encounter a drop in the price of gold at any time, which will lead to losses. It is precisely because of the fear of falling gold prices that many bank outlets are reluctant to buy back gold.

Secondly, some banks will recycle gold. In fact, not all banks do not buy back gold. In fact, many banks promise to buy back gold when they sell it, regardless of whether the price of gold rises or falls. However, at present, when major banks buy back gold, they only buy back the gold they sell, such as the gold sold by ICBC, so you can only sell the gold back to ICBC. However, when you sell it back to the bank, you may need to go through the formalities at some designated outlets, which are generally larger outlets. These outlets have professional testing personnel and testing equipment, so that you can sell gold normally.

Thirdly, the price of recycled gold may be relatively low, but it cannot be much lower than the market price. Many people on the Internet have been saying that when gold is sold back to banks or gold shops, the price is much lower than the market price. In fact, this is all playing the piano at random. First of all, we don't deny that when gold is sold back to banks or gold shops, their prices will indeed be lower than the market price. But even if the resale price is lower than the market price, it will not be much lower. At present, the price of gold repurchased by some banks will be lower than the market price by 2 yuan to 10 yuan. As the title says, a gold shop with a market price of 1.5 million is only willing to pay 900 thousand, which is completely nonsense.

Finally, if people buy gold only for investment, it is recommended not to buy physical gold. Although physical gold looks pleasing to the eye and is more practical to hide at home, if you buy gold for investment, I don't recommend you to buy physical gold. You can buy paper gold through the official channels of the bank or some professional gold sales platforms. Compared with physical gold, paper gold trading is more convenient and flexible, so you don't have to worry about the problem that banks don't buy back. You can sell it at any time, and the transaction cost is relatively lower than the physical gold.