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Will gold shops recycle gold?
It will not be recycled. It depends on the specific reasons.

If you buy commemorative gold products in the bank, these products are usually the gold products of the zodiac promoted by the bank every Spring Festival. The main purpose is for consumers to collect and commemorate, and the bank will not recycle it. There are also gold necklaces, gold rings, gold bracelets and other gold ornaments, and banks and gold shops will not recycle them. In 2022, the bank recovered the large and small gold bars previously purchased from its own bank, but only at designated counters.

When recycling, the bank will test the authenticity and grams of gold, and also verify the serial number and certificate of the product. Only after inspection will the gold bars be repurchased. This is a rather troublesome operation.

In order to avoid offending customers, banks try their best to adopt the measure of "only selling without receiving".

First, the international gold price has risen sharply, and the price of domestic gold products has also risen, but for ordinary people, the reason for buying gold to make money has not been seen.

(1) If you buy gold commemorative coins and gold ornaments, banks and gold shops will definitely not buy them back.

(2) Let banks buy back gold bars. Banks must invest a lot of manpower and energy in the appraisal, and this appraisal fee has to be paid by themselves.

(3) In addition, even if the bank repurchases your gold, it will make some profits, so even if the bank repurchases your gold, the customer has nothing to earn.

Second, how to identify the authenticity of gold.

(1) Look at the color. The color of gold with high gold content is red gold, 80% gold content is yellow and 70% gold content is blue, so the gold content can be judged according to the color.

(2) weight. With the same volume of silver, lead and tin, the weight of gold is about twice. Real gold feels like falling in your hand, while copper or other things only feel heavy and will not fall.

(3) Listening to the sound, when gold jewelry with high fineness is struck or thrown hard, the sound is dull and dull, while other metals are brittle and dull.