3 thoughts on “Is there a gold wholesale market in Guangzhou”
Winifred
There is no wholesale market. Irds in Article 3 of the "Regulations on the Management of the People's Republic of China" clearly states that the state's policy of unified management and unified purchase of gold and silver in Article 7 clearly states that in the territory of the People's Republic of China, all units and individuals shall not be priced at the price The use of gold and silver, prohibiting private phases, and lending mortgage and silver, Article 8 clearly states that the acquisition of gold and silver is uniformly handled by the People's Bank of China. Except for the People's Bank of China, any unit or individual may acquire gold and silver. This places for wholesale gold are generally state -owned exchanges. The Shanghai Gold Exchange is approved by the State Council and is established by the People's Bank of China. The market, organize gold transactions to organize public, fair, fair, and honest and faithful principles. It does not take profitability for self -discipline management. Extension information: Category of gold transactions:
S spot transactions:
The gold spot is mainly golden blocks (bricks), gold ingots, gold bars, gold bars And gold coins. Most of the private or gold -mining companies are mostly traded on the newly mined gold transactions. The gold purchased by customers can be stored and transferred by themselves, or the Golden Merchants can be kept. The spot transactions are generally delivered after the transaction or completed within two days. The price of gold spot transactions is relatively special. It is divided into two types: price transactions and quotation transactions in the London gold market. The characteristic of pricing transactions is to provide customers with a single transaction price, that is, there is no trading price difference. In a single transaction price, customers can buy and sell freely, and only a small amount of commissions are charged by gold merchants. Quotation transactions are divided into buying and selling prices. Pricing transactions are only effective within the prescribed time. It is short for one minute and one hour long. It depends on the supply and demand of market customers. The gold prices of other gold markets in the world are based on the level of pricing in the London market, and then depending on the supply and demand status of the market. Futures transactions: Gold futures transactions do not immediately deliver it after the transaction, but the contract between the transaction first signed the contract, delivered the deposit, and then delivered it on the scheduled date. Reference materials Source: Baidu Encyclopedia-Gold Management Regulations of the People's Republic of China Baidu Encyclopedia-Shanghai Gold Exchange
No, gold is monitored by the state, and ordinary merchants cannot wholesale gold independently. The place where wholesale gold is generally a state management exchange, if the most famous Shanghai Gold Exchange. Many banks now also operate gold buying and selling (of course, not gold jewelry). A large number of gold transactions are not protected in law and cannot be traded. So gold does not have some wholesale markets like ordinary products.
There is no wholesale market.
Irds in Article 3 of the "Regulations on the Management of the People's Republic of China" clearly states that the state's policy of unified management and unified purchase of gold and silver in Article 7 clearly states that in the territory of the People's Republic of China, all units and individuals shall not be priced at the price The use of gold and silver, prohibiting private phases, and lending mortgage and silver, Article 8 clearly states that the acquisition of gold and silver is uniformly handled by the People's Bank of China. Except for the People's Bank of China, any unit or individual may acquire gold and silver.
This places for wholesale gold are generally state -owned exchanges. The Shanghai Gold Exchange is approved by the State Council and is established by the People's Bank of China. The market, organize gold transactions to organize public, fair, fair, and honest and faithful principles. It does not take profitability for self -discipline management.
Extension information:
Category of gold transactions:
S spot transactions:
The gold spot is mainly golden blocks (bricks), gold ingots, gold bars, gold bars And gold coins. Most of the private or gold -mining companies are mostly traded on the newly mined gold transactions. The gold purchased by customers can be stored and transferred by themselves, or the Golden Merchants can be kept.
The spot transactions are generally delivered after the transaction or completed within two days. The price of gold spot transactions is relatively special. It is divided into two types: price transactions and quotation transactions in the London gold market. The characteristic of pricing transactions is to provide customers with a single transaction price, that is, there is no trading price difference.
In a single transaction price, customers can buy and sell freely, and only a small amount of commissions are charged by gold merchants. Quotation transactions are divided into buying and selling prices. Pricing transactions are only effective within the prescribed time. It is short for one minute and one hour long. It depends on the supply and demand of market customers. The gold prices of other gold markets in the world are based on the level of pricing in the London market, and then depending on the supply and demand status of the market.
Futures transactions:
Gold futures transactions do not immediately deliver it after the transaction, but the contract between the transaction first signed the contract, delivered the deposit, and then delivered it on the scheduled date.
Reference materials Source: Baidu Encyclopedia-Gold Management Regulations of the People's Republic of China
Baidu Encyclopedia-Shanghai Gold Exchange
Shenzhen's water shellfish is the largest jewelry wholesale market in the country, and we are here to be a gold gift wholesale.
No, gold is monitored by the state, and ordinary merchants cannot wholesale gold independently. The place where wholesale gold is generally a state management exchange, if the most famous Shanghai Gold Exchange. Many banks now also operate gold buying and selling (of course, not gold jewelry). A large number of gold transactions are not protected in law and cannot be traded. So gold does not have some wholesale markets like ordinary products.