Banks generally refuse to repurchase gold bars for the following reasons. 1. Banks will only buy back gold bars sold by banks. In other words, if you buy another house, the bank will not accept it, even if it is of good quality and high value. This is an iron rule of the bank, and it is also a reason that the bank itself considers. The main reason is that it is afraid of receiving fake and shoddy products. Among the gold sold in the past, many banks only repurchased gold bars, other gold coins, jewelry, etc., and did not choose to recycle them. In addition, the reason why some outlets do not repurchase gold bars is that their banks will only repurchase them at designated outlets. So I suggest that if you really want to buy gold bars from a bank, it is safer to buy from a big bank, mainly because there are more outlets. 2. When buying back gold bars, banks require complete proof of purchase. In fact, unless many gold bars bear our bank's brand, it is easy to get confused with gold bars from many local banks. In order to avoid the confusion caused by some people buying gold bars from several banks. When the bank repurchases funds, the customer is required to provide the order number in the invoice document and sales voucher. If the odd number does not match, the bank will reject the repurchase. 3. If the gold bars are not pure enough, the bank will not buy them back. After buying gold bars, many customers like to play with them first. However, in the process of playing with it, it is easy to be bumped and scratched, which can easily affect the purity of the gold bar. Even if there is a slight difference, the bank may reject it. 4. Regarding the authenticity appraisal during repurchase, if the customer is unwilling to pay the appraisal fee, the bank will also refuse the repurchase. In fact, this is the main point of the contradiction. When a bank repurchases gold, it will naturally involve the identification of the authenticity and purity of the gold. The handling fees and appraisal fees incurred during the appraisal are generally not borne by the bank but by the customer. Therefore, many friends who come to sell gold are confused and unwilling to pay. As a result, the bank rejected a group of people who applied for repurchase business. If banks don’t buy back gold bars, what else can we do? 1. Take it to a gold store and cash it out. Generally speaking, gold shops have the business of recycling gold in the market. You take the gold bars to a nearby gold store for consultation, and they will exchange them for a certain amount of cash based on the value of the gold bars in your hand. However, the price may be a bit low, being less than the value of the gold bar itself. 2. Handle gold repurchase business online. Many financial institutions will buy gold online. The recycling price is the latest gold price, which is much more cost-effective than getting it from a gold store. 3. Process the gold in your hands into jewelry. This is for those who don’t need to exchange gold for cash for emergencies. Find a gold processing shop and process the gold you have into the jewelry you want. You can wear it yourself or give it as a gift, so you don’t have to buy it in the future. In the end, the main reason for the strict recycling of banks is that gold is now positioned as an investment product rather than a circulating currency. But you don’t have to worry, gold is hard currency at any time. Banks don't recycle it because they have a standard, not because the gold in your hand is worthless. If you are really in a hurry to cash out, take it to a gold store. If you are not in a hurry, you can continue to hold it and wait for appreciation, or keep it as a collection. /024f78f0f736afc343a8a6f4a119ebc4b64512fe?x-bce-process=image%2Fresize%2Cm_lfit%2Cw_600%2Ch_800%2Climit_1%2Fquality%2Cq_85%2Fformat%2Cf_auto