Myanmar's domestic gold market news, with the rise of international gold prices, domestic gold prices have also risen, so there are more and more people selling gold in China.
Wu Juewen, chairman of the Myanmar Gold Merchants Association, said that with the rise of international gold prices, domestic gold prices set new records of 1 A( 16.6g) and1237 million kyats (about RMB6,000) respectively. The gold market will suffer some shocks. We have tried our best to control the price of the domestic gold market.
It is understood that in mid-August, the Myanmar Gold Merchants Association issued a notice to remind gold merchants not to sell gold at will.
Gold transactions are best settled in cash. If the gold merchants do not comply with the regulations, the association will submit the list of gold merchants who do not comply with the regulations to the Ministry of Commerce, the Ministry of Interior, the Ministry of Mines and the Yangon provincial government.
Gold is a simple form of chemical element gold (Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal.
Generally speaking, the gold in the world is in ounces. In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication and aerospace industry.
The chemical symbol of gold is Au, and the financial English code is XAU or gold. The name Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means shining dawn.
As of 202 1, 10, 12, the gold price is 1760 USD/oz.
Second to none. It will cause extremely thin gold sheets to roll up easily. Gold weighing 1 ounce can be hammered into 1 foot thickness and 100 square foot thickness. The ancients hammered it into thin slices and spread it in temples and palaces for decoration. All these can explain the flexibility and ductility of gold.
The color of gold is golden yellow, which has a metallic texture and is not easy to decompose. The density is 19.3g/cm3 and the melting point is1064.4℃; Good ductility, can be pressed into thin foil, and has extremely high heat and thermal conductivity. The resistance of pure gold is 2.4P Pure gold has good chemical resistance and is the best electroplating material.