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Where is it generally reliable to recycle gold? Is it cost-effective to sell gold or to replace it with a new one?
Gold jewelry has a certain recycling value, and its value will decrease after gold recycling. Generally, the origin, style and brand of gold are not considered when recycling, and the price of gold has been high. Although it fluctuates from time to time, its price has not changed. So, where is it more reliable to recycle gold? Is it cost-effective to sell gold or to replace it with a new one?

First, where does the gold go for recycling? 1, jewelry store

Recycling gold online is generally more reliable. You can choose the jewelry store or counter where you bought gold. Generally, counters only recycle this brand of gold ornaments. Only some gold shops and jewelry stores carry out gold recycling business, and the gold recycling price is low, and usually a handling fee is charged.

2. Pawnshop

It is more reliable to recycle gold to pawn shops. Pawnshops are the most common places for gold recycling, and the procedures and steps for gold recycling will be simplified to a certain extent, with no excessively troublesome procedures, faster recycling speed, no strict recycling restrictions on gold ornaments and lower recycling price.

3. Recycling companies

You can choose a gold recycling company or a gold and silver jewelry processing shop. When recycling gold, the recycling company will generally adjust according to the gold price of the day, and its recycling price is usually lower than 10-50 yuan of the gold price of the day. The recovery price of gold jewelry is mainly affected by its purity and weight.

Second, it is more cost-effective to sell gold or exchange it for a new one. There are two ways to realize gold recovery: gold store recovery and trade-in Second-hand gold recycling usually only considers the purity and weight of gold to determine the final recycling value, while gold jewelry is exchanged for new ones. Most gold shops in the market offer trade-in services. Some brand counters only accept gold products from their own brands, while others accept gold from other brands.

It is cost-effective to sell gold or wake up gold, depending on the specific fineness and quality of gold. If the fineness and weight of gold ornaments are high, it is better to choose the way of recycling and realizing second-hand gold, which is more cost-effective. If there are difficulties and restrictions in replacing gold ornaments, you can replace the old gold when the gold shop or counter launches the old-for-new service.