At present, there are probably gold shops, banks, pawn shops and so on in China. However, these channels are limited. If you want to cash in a gold shop, gold ornaments must be purchased from the original gold shop, and the bank's gold recycling business is very difficult to find.

So what is a regular gold recycling shop?

Regular gold recycling shops have professional methods to identify, requiring sellers to show their ID cards, and some shops also need to provide some necessary documents such as invoices. Regular gold recycling shops are all weighed with precise professional scales, which are more accurate. The gold recovery price of a regular store cannot be higher than the actual price, otherwise it does not belong to a regular store.

Regular gold recycling shops usually have the following characteristics:

1. Regular gold recycling shops use professional appraisal methods to conduct transactions.

2. Regular gold recycling shops choose to weigh with professional jewelry scales, which should be accurate.

3. The actual gold price of the formal recycling gold shop is higher than the recycling price.