1 thought on “Why do Chinese gold cheap?”

  1. China's gold is cheap, and the purity of gold is basically 999 or 9999. It is mainly China's golden style simple, the process complexity is different, and the processing costs generated are different. Like some large brand stores, the brand effect is also part of the high price.
    The gold name depends on its purity. For example, the gold with a purity of 99%is called "foot gold", and the gold with a purity of 99.9%is called "Thousands of Gold". The gold with a purity of 99.99% It is 99.999%of gold, which can be called "100,000 enough gold" or "high pure gold".
    If in accordance with the "Regulations and Naming Methods of the Puritan Pure of Jewelry" (National Standard GB/T11887-2002), the minimum value of the purity of the sufficient gold is 990, that is, the purity is not less than 990 ‰; The minimum value is 999, that is, the purity is not less than 999 ‰. In the standards here, the purity range of precious metals in precious metal jewelry does not include welding components, but the finished product content must not be lower than the specified purity range. The regulations on the purity of gold in the national standard refer to the minimum purity value. In most of the domestic market, the purity of most gold and thousands of gold raw materials exceeds the lowest value (the purity of the foot gold reaches 995 ‰, and the purity of thousands of gold reaches 999.5 ‰).
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