Gold jewelry is mainly used for decoration and wearing. Generally, it does not have the function of maintaining value and appreciation, so it is not cost-effective to invest in gold jewelry. The financial planner of Chongqing Branch of China CITIC Bank said that the processing fee and tax fee of gold jewelry are relatively high. The price of gold jewelry purchased by investors is generally a certain proportion of premium on the basis of the price of gold raw materials, while the repurchase price of gold jewelry is usually a certain proportion of discount on the basis of the price of gold raw materials. Therefore, even if the price of gold rises during the holding period of gold jewelry, the effect of maintaining and appreciating the value of gold jewelry is not obvious.
Gold jewelry is mainly used for decoration and wearing. Generally, it does not have the function of maintaining value and appreciation, so it is not cost-effective to invest in gold jewelry. The financial planner of Chongqing Branch of China CITIC Bank said that the processing fee and tax fee of gold jewelry are relatively high. The price of gold jewelry purchased by investors is generally a certain proportion of premium on the basis of the price of gold raw materials, while the repurchase price of gold jewelry is usually a certain proportion of discount on the basis of the price of gold raw materials. Therefore, even if the price of gold rises during the holding period of gold jewelry, the effect of maintaining and appreciating the value of gold jewelry is not obvious.
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