Can the physical gold purchased by the bank be recovered?

1 thought on “Can the physical gold purchased by the bank be recovered?”

  1. Specific reasons for recycling.
    If you buy commemorative gold products at the bank, this product is usually the gold products of the zodiac sign of the Zodiac in the Spring Festival each year. The main purpose is to allow consumers to collect and commemorate it. Will recycle. There are also gold jewelry such as gold necklaces, gold rings, and gold bracelets, and banks and gold shops will not be recovered. The bank is recycling now is the size of the gold bars that had been purchased from their own banks before, but it only needs to be recovered at the designated counter.
    Colids will detect the authenticity and gram of gold when recycling, and verify the product number and certificate of the product. After the inspection, it feels that it will be repurchased when the gold bar is true. This is a relatively troublesome operation.
    The expansion information:
    The investment in the bank is mostly investment type. You can buy it with your ID card and money.
    The analysis is as follows:
    1. The investment gold bars need to be signed for some agreements. The normal process is not troublesome. If you are interested in gold investment, you can understand the more hot spot gold investment at the moment. If you want to buy jewelry gold, you can buy it at a regular gold shop.
    2. Gold has always been the last line of defense against the turbulence of the international economic and political situation. It is also one of the important choices for investors to preserve and prevent inflation. At present, Industrial and Commercial Bank of China, China Merchants Bank, and Industrial Bank have launched physical gold investment products. Investing in physical gold, investors only need to hold cash or valid documents such as savings cards issued in the bank and ID cards, and they can purchase them at the price announced by the bank. Banks will issue invoices and transactions for investors. Investors can choose to take gold away or entrust the bank to keep.
    3, but the physical gold investment details of each bank are not the same. Investors should understand clearly before making choices to choose physical gold that suits them.
    4, some banks' physical gold investment products are only selling golden objects to investors, and banks do not provide free custody and repurchase services. Investors are like buying gold jewelry at the golden store. After buying, they need to take the gold bars home. However, different from the golden store, the quality of the purchase of physical gold in the bank can be guaranteed, and the second is linked to the international gold price and the transparency is high.
    A market status
    1. Statistics recently released by the China Gold Association show that in the first half of 2015, the national gold production was 228.735 tons, an increase of 17.662 tons over the same period in 2014, an increase of 8.37%year -on -year. Among them, 191.689 tons were completed in gold minerals, and the non -ferrous by -yield gold was 37.046 tons.
    2. At the same time, China's gold consumption has declined. In the first half of 2015, the national gold consumption was 561.35 tons, a decrease of 8.10 tons compared with the same period in 2014, a decrease of 1.42%. Among them, the use of gold manufacturing 412.29 tons, a decrease of 3.26%year -on -year, 102.13 tons of gold and gold coins, and 46.93 tons of industrial and other gold use.

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