As a commodity, gold has its cost price, including gold materials, transportation costs, processing fees, store rent and so on.
As investment products, there are many kinds, such as spot and electronic transactions. The spot price is subject to the unified quotation of the National Gold Exchange, and our quotation is subject to the Shanghai Stock Exchange.
Electronic transactions are different. Formal ones are based on the international unified quotation, that is, the real-time quotation of new york Gold Exchange.
Hope to adopt, thank you!