Latest Articles

Dollar gains, stocks teeter as US data suggests rates to stay higher

The dollar rose and a gauge of global equities slid on Thursday after data once again highlighted persistent U.S. labor market strength, suggesting the...
HomeGoldInternational gold recovery price

International gold recovery price

The International Concept of Recycling (also known as recycling) refers to the recovery of gold products or articles containing gold, the basic purpose of which is to either cash or reuse.

International gold recovery is different from the general recovery of articles, whether the weight of the weight, color determination or price determination, all form a unique recovery system.

Sources of international gold recovery The sources of gold recovery are common: gold jewelry, gold, gold material, placer gold, industrial gold powder, gold water, etc.

For gold jewelry and gold bars, the general recycling process is: telephone contact ¡ú meeting ¡ú weighing ¡ú confirm color ¡ú confirm price ¡ú confirm receipt of payment ¡ú delivery ¡ú complete recovery.

The general circulation channels of reclaimed international gold in the market are: international gold recovery, gold refineries, transactions, gold units, and consumers.

The LARGEST GOLD REFINERY IN China IS SHANDONG GOLD REFINERY, WHICH REFINES MORE THAN 200 TONS OF GOLD annually.

International gold recovery Weighing tools for international gold recovery are commonly used in the following three ways: 1. Precision electronic scale: The weighing is accurate, usually up to 0.01 grams.

2, portable electronic scale: weighing is not accurate enough, the error is large.

3, physical balance: weighing accuracy is poor, the error is large.

Recovery price The price of international gold recovery is related to the gold’s fineness (i.e. gold content).

In the international gold recovery, the real time price of recovery is the reference real time basis. According to the different gold color, the real time basic gold price will fluctuate by a certain amount.

The base gold price for international gold recovery is usually referred to as:

¢://www.reelfinancial.com/archives/tag/gold-market” target=”_blank” rel=”noopener” title=”gold market price” data-wpil-keyword-link=”linked”>gold market price, and then discount the price given by the merchant profit point.

There is a certain gap between the international gold recovery quotation and the gold sale price for the following two reasons: 1. Processing costs will be incurred during the processing of gold products.

2. Gold products generate profit points in the sales process.

The above is about the “international gold recovery price” related introduction