The gross profit of gold is only about 10% or even lower, and other jewelry can reach 40%-60%. Gold shops are mainly gold, so this is a very hard business. Only when the sales volume reaches more than10 million, the profit will be considerable and the goods will account for a lot of money.
Compared with ordinary families, those who can open gold shops are middle class, with millions of fixed assets, and most gold shops will not lose money, which is considered as a wealthy family.