When is the best time to buy gold? Why is the price of gold different in different stores?

In life, it is normal for different shops to have different gold prices, and gold also has a brand effect. The bigger the brand, the better the quality and the more expensive the price. After-sales service is guaranteed, so it is understandable to charge a little more.

Why is the price of gold different in different stores?

Although the international gold price is the same, there are several reasons why the gold price in different stores is different:

1, brand and technology. Different brands of gold jewelry represent different technical pursuits and processing costs, and often form different brand premiums and price positioning.

2. Publicity expenses. Some gold shops spend more on advertising, and the higher the cost, the higher the price of gold jewelry.

3. Employees' salary and after-sales service are different. The higher the employee's salary, the better the after-sales service, the higher the management cost and the higher the gold price.

4. The store rent is different. For those gold shops with large traffic and convenient transportation, the store rent is relatively high, so the demand for gold prices is higher.

In short, different gold shops often have different costs and the final gold price is also different. This is a normal phenomenon. Just like clothes made of the same material, prices in different places and shops of different brands often vary greatly. When buying gold, you can choose the highest price according to your own needs.

Why is the price of gold different from that of physical stores?

1, the international gold price is quoted in US dollars per ounce, converted in grams, and converted at the exchange rate of US dollars against RMB. As for the difference between the two, online quotation is the online transaction price, and the market is the market maker's transaction price.

2. The price in the gold store should be added with a lot of handling fees, including store rent, handling fees, freight, storage fees and profits. Each jewelry store quotes according to its own situation.

When is the best time to buy gold?

Because gold is divided into physical gold and online financial gold, it needs to be treated in two ways. Details are as follows:

1, physical gold

If you buy physical gold, it will be cheaper in off-season. It seems to be June, July and August, because the weather is usually hot at this time, and fewer people get married.

In addition, there are some specific festivals, such as New Year's Day, National Day, Double Eleven, Double Twelve and so on. Most businesses will engage in activities. In order to promote sales, they will lower the price slightly, which is the best time to buy gold.

2. Internet finance gold

Take Alipay as an example: there are three golden options. Every gold has different ups and downs every day. It's a bit like a fund. It fluctuates every day. It must be analyzed according to market conditions and trends. It must have its own analytical ability, and there is no best time.

Conclusion: If you buy physical gold, it will be cheaper in the off-season. It seems to be June, July and August. In addition, there are some specific festivals, such as New Year's Day, National Day, Double Eleven, Double Twelve and so on. Most businesses will engage in activities. In order to promote sales, they will lower the price slightly, which is the best time to buy gold. But if it is online financial management, it is a bit like a fund. It fluctuates every day. It should be analyzed according to market conditions and trends.