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Is it cost-effective to buy gold in Macau?
As a tax-free paradise, Macao's jewelry trading industry is quite developed, and many people will choose to buy gold in Macao. So, is it cost-effective to buy gold in Macau? How much cheaper can Macao buy gold? To be sure, it is much cheaper to buy gold in Macau than in Chinese mainland. Let's take a look at Xiaoxi's detailed answer.

1. Is it cost-effective to buy gold in Macau?

It is cost-effective to buy gold in Macao.

There is no need to pay VAT and customs duties when buying gold in Macau. Due to the exchange rate, the overall price will be about 10% cheaper than that in the Mainland.

Macau also has a wealth of gold and jewelry brands, such as Chow Tai Fook, Zhou Shengsheng and other brands have stores in Macau, which will be very affordable. However, it should be noted that the gold style in Macau will be different from that in Chinese mainland, so it is necessary to know in advance. & gt& gt How much is the gold price in Macau cheaper than that in the Mainland?

Source: wedding etiquette merchants

2. When is the best time to buy gold jewelry?

The price of gold is divided into off-season and peak season, so it will be very cost-effective to choose to buy it in off-season.

1, off-season of gold

The third quarter of each year is usually the off-season of gold sales, that is, from July to September. At this time, the weather is hot, and fewer people will get married and go out. The price of gold is lower than at other times of the year. At this time, you can usually enjoy a good discount when you go to the jewelry store.

2. During the holidays

In some festivals, such as Spring Festival and National Day, merchants usually launch promotional activities, such as discounts, gifts, free of charge and so on. It's good to buy at this time. & gt& gt Is it cheaper to buy diamond rings in Macau than in Chinese mainland?

3. After the gold price continues to fall,

The short-term fluctuation of gold price may not have much influence on the selling price of gold ornaments, but if the price of gold ornaments continues to fall, there is a high probability that the price of gold ornaments will also fall. Usually, it is very cost-effective to buy gold ornaments after the price of gold has fallen for one month.

The above is the answer to the question whether it is cost-effective to buy gold in Macao. Buying gold in Hong Kong and Macao is much cheaper than in the mainland, so many people go to these areas to buy it every year, but the purchase policy will be somewhat different. Everyone should do their homework before buying, and don't blindly follow suit!