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HomeGoldDifference between mainland gold and Hong Kong gold

Difference between mainland gold and Hong Kong gold

1. Gold in Hong Kong is cheaper than that in the mainland, mainly because there is no value-added tax and tariff. Generally, gold bought in Hong Kong is at least 10% cheaper than that in the mainland.

2. Different units of measurement.

The mainland’s “liang” is 50 grams, a jin is 12 taels;

One jin in Hong Kong is 600 grams, one jin is 16 liang, one or two is 10 yuan;

That works out to 37.5 grams.

3. The buyback and maintenance policies are different.

In Hong Kong and Macau, when customers trade in their old cars for new ones or buy them back, they have to deduct not only Labour fees but also commissions, a fee that is not available on the mainland.

When buying gold jewelry in Hong Kong, many rules are different from those in mainland China, such as color marking, unit of account, etc. In addition, exchange rate and payment method will also affect the actual purchase price.