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How to change gold into cash?
1. Shopping mall cashing: Only the old chain can be exchanged for a new one, and a processing fee will be charged. The so-called old chain is converted into a certain amount according to the weight, which is used to change products at its own counter, while the Bank of China in the same store does not accept other brands.

2, gold shop cash: you can take gold to the corresponding recycling point for recycling. It should be noted that the general gold recovery points are very depressed, so it is best to bring professionals.

3. pawnshop cashing: the price is generally low but can be redeemed at maturity. "According to the regulations, pawnshops only do mortgages and cannot do repurchase business. If the gold mortgage is realized, it will be recovered at a rate lower than the market price, which is 4%, and the decoration money is the same as the investment money.

According to Article 8 of the Regulations on the Administration of Gold and Silver in People's Republic of China (PRC), the purchase of gold and silver shall be handled by the People's Bank of China. No unit or individual may purchase gold and silver except with the permission or entrustment of the People's Bank of China.

Article 12 Individuals selling gold and silver must sell them to the People's Bank of China.

Article 13 Unearthed ownerless gold and silver belong to the state, and no unit or individual may melt, damage or possess it. Unearthed ownerless gold and silver discovered by units and individuals must be redeemed by the People's Bank of China, and the price shall be turned over to the state treasury. However, if it has the value of historical relics, it shall be handled in accordance with the provisions of the Cultural Relics Law of People's Republic of China (PRC).

Extended data:

When investors buy physical gold through channels, the price is often higher than the market price, but the selling price is lower than the market price. The bid-ask spread is the transaction cost of investing in gold, which is often ignored by investors.

Article 15 of the Regulations on the Administration of Gold and Silver in People's Republic of China (PRC), any unit that needs gold and silver must apply to the People's Bank of China for the use of gold and silver in accordance with the prescribed procedures, and the People's Bank of China will examine and approve the supply. The People's Bank of China shall supply the goods according to the approved plan, and shall not arbitrarily reduce or delay the sales.

Article 16 Foreign-funded enterprises, Chinese-foreign joint ventures and foreign businessmen in People's Republic of China (PRC) who need to supply gold and silver in China when ordering gold and silver products or processing other products containing gold and silver must apply in accordance with the prescribed procedures, and the People's Bank of China will examine and approve the supply.

Article 17 Units that use gold and silver must establish a use system, strictly implement special use, and return the balance. Without the permission of the People's Bank of China, gold and silver raw materials (including semi-finished products) shall not be transferred or used for other purposes.

Phoenix. Com- Revealing six strange phenomena of gold recovery: the same store and the same chain realize the price difference of 4500.

Baidu Encyclopedia-Regulations on the Administration of Gold and Silver in People's Republic of China (PRC)