In the international gold market, the price of gold is expressed in dollars per ounce of gold, which can be converted into RMB price per gram of gold through the conversion of exchange rate and weight unit. There are many factors that affect the price of gold, such as international politics, economic exchange markets, interest rates and monetary policies of major European and American countries, the increase or decrease of gold reserves of central banks, the increase or decrease of gold mining costs, and the increase or decrease of industrial and decorative gold.
Gold price fluctuates every day, and investors can basically judge and grasp the trend of gold price according to these factors. The price of gold jewelry consists of two parts: the benchmark price and the processing fee. The benchmark price and processing fee are priced by gram weight. The formula for calculating the benchmark price of gold jewelry is: the ex-factory (wholesale) benchmark price of gold jewelry = gold placement price ×( 1+ material price difference rate). Retail benchmark price of gold jewelry = ex-factory (wholesale) benchmark price of gold jewelry ×( 1+ retail list).
Common gold brand recommendations:
1, chow tai fook
Chow Tai Fook has a brand history of more than 80 years. It is the most famous and largest jewelry brand in China and the largest jewelry company listed in Hongkong, with more than 2,000 stores in China, Malaysia and South Korea. Chow Tai Fook sells a wide range of goods with novel and unique styles and great taste, including 999.9 pure gold jewelry, diamonds, precious stones, jade articles, Nanyang pearls and Japanese pearl jewelry.
The company directly buys the most popular K-gold jewelry from Italy; Chow Tai Fook, located in Hong Kong and Macau, also acts as an agent for world-famous clocks and watches, bringing diversified choices to customers.
2. Lao Fengxiang
Is a century-old national brand with a brand history of 160 years, and is one of the most famous jewelry brands in China.
Laofengxiang Company has developed into a large-scale jewelry enterprise group integrating science, industry and trade, with more than 20 subsidiaries including Laofengxiang Jewelry Co., Ltd., Laofengxiang Jewelry Research Institute Co., Ltd. and Laofengxiang Diamond Processing Center Co., Ltd., 4 professional branches including jewelry factory, silverware factory, gift factory and profile factory, as well as more than 60 chain jewelry stores, more than 300 specialty stores and 1000.