Cheap. Shenzhen gold is cheaper than the mainland, because Shenzhen Shuibei is the largest distribution center of gold jewelry wholesale market in Asia, and 80% of the national gold jewelry is bought in Shenzhen.
In addition, there are many businesses here and the competition is fierce, so the price has a certain discount. Also, the gold ornaments here are cheaper from abroad, and they are mainly wholesale, so the price is much cheaper than other brands.
The price of Shenzhen Shuibei gold bars is lower than that of banks. According to relevant public information, the price of gold bars in Shuibei is 10 higher than the international basic gold price of that day, and it is sold at around 20 yuan per gram. Cheaper than the bank per gram 10 to 15 yuan.