Gold jewelry is not suitable for investment

"October" after the wedding season , gold sales have also entered the small off-season , the city has sold gold parties, " gold remained at low levels in recent days , but consumers have not " buy " a ." Number gold jewelry shop staff said, and now consumers do not buy gold jewelry because the General Assembly decided to buying gold and downs , and most people are more willing to pick high processing fees , chic style jewelry supplier.   Last week, nearly 3 percent decline in the international price of gold . The New York Mercantile Exchange, December gold contract rose $ 1.50 Monday to close at $ 1,314.70 an ounce , or 0.1 % This is the main contract in the past three trading days since the first closed up. "This year the price of gold fell, gold jewelry was the jewelry store to buy, but in reality is consumer awareness of a misunderstanding. Now, consumers tend to purchase gold rational ." Xu Lin Chen Xiangkeng jewelry relevant responsible person said , the gold jewelry, Lunar New Year gold bars, gold ornaments and other consumer goods zodiac are not suitable investments. He said gold jewelry, like rings, necklaces , earrings , etc., they have a high added value , there are basically 30% of the premium. Because gold jewelry sales price and the intrinsic value of raw gold quite different from bullion to gold, jewelers spend a lot of effort for processing production , came out as a craft , to add manufacturers, wholesalers , retailer's profits, in the middle of all costs by the final purchaser commitment. "In addition, gold and silver jewelry manufacturer in daily use are subject to different degrees of wear, old gold and silver jewelry will realize its price will be greatly reduced ." Chen Xiangkeng said.   Turning to gold investment strategy , the bank people Shi Wupei Hill suggested that gold is a traditional safe-haven commodity , as a portfolio of household wealth , gold should occupy a certain proportion of the proposed gold investment share remained at between 5-15% . "For ordinary investors , the best gold investment products is the direct purchase of investment gold bullion , gold bullion standard processing costs low , a variety of additional expenditure is not high , and the realization of the standardization of bullion is very strong ." It is understood that investment gold bullion worldwide can be easily traded , and most of the world countries and regions on the gold trade does not levy transaction tax.jewelry factory