In the tourist season, “overseas buying gold†was once one of the regular shopping items for Chinese tourists visiting developed countries or regions. However, the reporter recently visited the European market and found that the private gold trades in similar developed countries or regions are not prosperous, the repurchase business is not smooth, and the quality of gold products is generally not high. Chinese tourists are buying and selling gold and other precious metal products here. Cost-effective.
Reminder 1: European countries have no "thousands of gold"
The reporter visited several developed countries in Western Europe and found that even in international cities such as London and Paris, the gold jewelry stores on the commercial street are rare. There are no gold specialty stores on the streets of cities such as Frankfurt, Germany.
Moreover, at the two jewellery shops in the northeast corner of Hyde Park in London, the reporter found that the vast majority of the "golden jewellery" in the clerk's mouth is not what the Chinese call "thousands of gold jewellery", but rather the K gold (similar to the Chinese). 75% gold content of gold), gold content ranging from 65% to 90% (trademarks are clearly marked with color).
Even the clerk who speaks Chinese does not know "thousands of gold." A Chinese-born salesperson named Chen told reporters: "European countries' gold jewellery emphasizes styles, does not focus on color, and sells products that are 99.9% fine. Because the high-quality gold texture is too soft, it is not suitable for processing into complex jewelry. Not to be favored by designers."
Tip 2: I bought a gold bar and nowhere to sell
"The gold bars I bought last year can't find a place to sell in the United States!" Recently, Ms. Zeng, a white-collar worker living in Chicago, complained to reporters. According to what she said, she went to the Chinese jeweler in California to buy some investment-type gold bars and then returned to the northeastern United States. This year, when the gold price rebounded, she found that no merchant was willing to buy back her gold bars. “Banks and jewelry stores all say that they don’t have this business, and they may go to California to sell to Chinese.â€
The situation of reporters interviewing in the European market is similar. The “London Gold Exchangeâ€, the world’s largest gold exchange, which is relished by Chinese industry insiders, is actually not a “place†or a fixed platform, but similar to the Hong Kong Gold and Silver Exchange, but only through each The invisible market of Daikins' sales network.
The reporter visited the market and learned that the platform consists of five major banking members and some companies that are qualified to buy gold from them, and then extended to various processing manufacturers, small and medium-sized stores and companies. At the time of the transaction, the gold merchants quoted the bid and offer prices based on their respective purchases and sales. The purity, weight and delivery time of gold can be chosen.
Since there is no uniform quotation and standardization mechanism, it is not an easy task for ordinary investors to hold gold or gold necklaces in their hands to sell to the exchange. The number of businesses that carry out the “old gold repurchase†business is very limited.
Tip 3: Bringing 200 grams of gold to tax
The reporter also learned that there are still many Chinese tourists buying gold in these areas. First, developed countries advocate design, brand-name jewellery, gold-made brand-name jewellery styles are diverse, more able to meet the shopping desires of China's affluent class; second, some non-brand-name gold jewelry in Europe and the United States, the price is cheaper than the Chinese big cities, Chinese This is especially true for products in the opened stores.
To this end, it is necessary to remind visitors that when they return home, the weight of gold carried by a single person cannot exceed 200 grams. According to the current spot price of gold, it is equivalent to about 53,000 yuan. If there is gold jewelry in the purchased product, the amount can be appropriately increased to 63,000 yuan (the processing fee for gold jewelry).
If the gold is more than 200 grams, it will be regarded as the import and export goods by the customs. It must be submitted in writing and subject to a 10% tax.
“Actually, it is not cost-effective to buy gold bars overseas.†Guangdong Chaobao’s investment analyst Wang Chaoyu reminded the public: “We said that Hong Kong gold jewelry is cheaper than the mainland because its processing fee is low, compared to the spot price of gold. It is less; but the gold bars are originally in stock, the world is basically a price (the difference is that the foreign exchange market fluctuates immediately), and the mainland's gold bar handling fees are also cheaper, not more than developed countries and regions."
After investigating the market in detail, the reporter found that the handling fee of Guangzhou spot gold bars (investment-type gold bars) is 8~15 yuan/g, and the gold bar handling fee in Hong Kong market is also 5~15 yuan/g. The gold bar handling fee of London Chinese gold shop is as high as 20~30 yuan / gram, buying gold bars overseas is not cost-effective.
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