5 thoughts on “India's gold price is low. Why is no one investing in groups?”
Angelo
In China, gold, as a precious metal that is not easy to depreciate, is loved by everyone. Many people are willing to buy it as a collection, sell them when value -added, or spread to the next generation. Both friends who have been to India know that the price of gold in India is nearly half cheaper than China, which is comparable to cabbage prices. So why is no one invested? We To know that in India, the price of gold is so incredible? Ten grams are only more than 1,000 yuan. The same price can only buy about 3 grams of gold in my country. The reason for this price is simple, because Indian golden purity is completely different from our country. India's golden purity is not high. my country's golden purity is generally 24K, the gold content is 99%, while India's gold is only 18K and the gold content is only 75%. There is not much collection and investment value of gold with low purity, so there are not many people who buy them. It, if you want to invest, it is definitely impossible to bring back only a few necklaces. If you bring a lot, you need to pay tariffs when you return to China. You must know that the current tariffs on import and export are not a small number, especially the gold, and the tax paid is higher. In this way, Indian gold with poor quality and quality itself is even more difficult to sell for good prices. Coupled with various added value such as transportation, manpower, tax, etc., they have gone to the original competitiveness. At about the same price, everyone will definitely purchase gold with higher purity quality.
It is not safe in India's public security. Gold and other items are too conspicuous. Naturally, Chinese people will not buy gold jewelry in large quantities. For various reasons, although India's gold is low, most merchants are not interested in this, and no one will invest in groups.
Indian gold was left out because of low purity, old style, and not preserved.
India, like China, like gold, even more enthusiastic than China. Most of China buying gold is used for investment, while India put gold as decoration on its body. India's gold price is as cheap as cabbage than Chinese. Domestic gold prices per gram of more than 200 yuan to more than 300 yuan, while 20 grams of gold chain can get it in more than 1,000 yuan in India. Because Indian gold is different from the purity of Chinese gold. Golden purity in China is 24K, while India is only 18K. And India only 18K.
not only the purity is less than 24K, the gold origin is unknown, and the smelting technology does not meet the standard. It is also why the Chinese do not like to choose. Because India's gold products are likely to contain harmful chemicals that are unknown. Long -term wearing such gold is likely to cause harm to the body. In addition, most of its styles are exaggerated, the production process is rough, and the Chinese prefer the exquisite gold jewelry.
This is low in purity; the origin of the material is unknown, the smelting technology does not meet the standard, and there are hidden safety hazards; the style does not conform to the Chinese aesthetics. So the Chinese are not interested in Indian gold. Moreover, India's law and order is not very good, and valuables do not buy valuables during travel are also for their own safety considerations. In addition, the World Gold Association recently issued a statement that due to the rise in gold prices and economic weakness, India's gold demand in 2019 is expected to fall to 700 tons of low positions in three years. The demand for the entire gold price market has declined, so the Chinese people must not be rare for Indian gold that has never been able to see.
First of all, investing gold requires a lot of capital, not everyone can play, and there are market specifications. Investment gold has a special channel. It is not necessary Third, investing in gold is a specific product, such as BRICS, Gold Bar, etc. This product does not exist in which country's gold price is low, because it is international price, and the price of Indian gold is low. Generally, the purity of gold is not enough, and you cannot invest
India's golden degree is not four 9, and it is less than 60 %. In the eyes of the Chinese, it is not called gold at all. There is no investment value, so of course no one has invested.
Because India's gold refinement is low and poor in reputation, the investment risk is very high. If it is buying paper gold, it also involves many tariffs. Moreover, the country does not allow foreign gold to flow into the country to disturb the market. Essence
In China, gold, as a precious metal that is not easy to depreciate, is loved by everyone. Many people are willing to buy it as a collection, sell them when value -added, or spread to the next generation. Both friends who have been to India know that the price of gold in India is nearly half cheaper than China, which is comparable to cabbage prices. So why is no one invested?
We To know that in India, the price of gold is so incredible? Ten grams are only more than 1,000 yuan. The same price can only buy about 3 grams of gold in my country. The reason for this price is simple, because Indian golden purity is completely different from our country. India's golden purity is not high. my country's golden purity is generally 24K, the gold content is 99%, while India's gold is only 18K and the gold content is only 75%. There is not much collection and investment value of gold with low purity, so there are not many people who buy them.
It, if you want to invest, it is definitely impossible to bring back only a few necklaces. If you bring a lot, you need to pay tariffs when you return to China. You must know that the current tariffs on import and export are not a small number, especially the gold, and the tax paid is higher. In this way, Indian gold with poor quality and quality itself is even more difficult to sell for good prices. Coupled with various added value such as transportation, manpower, tax, etc., they have gone to the original competitiveness. At about the same price, everyone will definitely purchase gold with higher purity quality.
It is not safe in India's public security. Gold and other items are too conspicuous. Naturally, Chinese people will not buy gold jewelry in large quantities. For various reasons, although India's gold is low, most merchants are not interested in this, and no one will invest in groups.
Indian gold was left out because of low purity, old style, and not preserved.
India, like China, like gold, even more enthusiastic than China. Most of China buying gold is used for investment, while India put gold as decoration on its body. India's gold price is as cheap as cabbage than Chinese. Domestic gold prices per gram of more than 200 yuan to more than 300 yuan, while 20 grams of gold chain can get it in more than 1,000 yuan in India. Because Indian gold is different from the purity of Chinese gold. Golden purity in China is 24K, while India is only 18K. And India only 18K.
not only the purity is less than 24K, the gold origin is unknown, and the smelting technology does not meet the standard. It is also why the Chinese do not like to choose. Because India's gold products are likely to contain harmful chemicals that are unknown. Long -term wearing such gold is likely to cause harm to the body. In addition, most of its styles are exaggerated, the production process is rough, and the Chinese prefer the exquisite gold jewelry.
This is low in purity; the origin of the material is unknown, the smelting technology does not meet the standard, and there are hidden safety hazards; the style does not conform to the Chinese aesthetics. So the Chinese are not interested in Indian gold. Moreover, India's law and order is not very good, and valuables do not buy valuables during travel are also for their own safety considerations. In addition, the World Gold Association recently issued a statement that due to the rise in gold prices and economic weakness, India's gold demand in 2019 is expected to fall to 700 tons of low positions in three years. The demand for the entire gold price market has declined, so the Chinese people must not be rare for Indian gold that has never been able to see.
First of all, investing gold requires a lot of capital, not everyone can play, and there are market specifications. Investment gold has a special channel. It is not necessary Third, investing in gold is a specific product, such as BRICS, Gold Bar, etc. This product does not exist in which country's gold price is low, because it is international price, and the price of Indian gold is low. Generally, the purity of gold is not enough, and you cannot invest
India's golden degree is not four 9, and it is less than 60 %. In the eyes of the Chinese, it is not called gold at all. There is no investment value, so of course no one has invested.
Because India's gold refinement is low and poor in reputation, the investment risk is very high. If it is buying paper gold, it also involves many tariffs. Moreover, the country does not allow foreign gold to flow into the country to disturb the market. Essence