Buying gold bars in Hong Kong is cheaper than the mainland?

The difference is as follows:
1. Hong Kong's gold is cheaper than the Mainland, mainly because there is no value -added tax and tariffs. Generally, buying gold in Hong Kong is at least 10%cheaper than in the Mainland.
2, different measurement units: The "two" in the Mainland are 50 grams, one pound is equal to 12 pounds; the pound of Hong Kong is 600 grams, one pound is equal to 16 two, one or two is equal to 10 money; It is equal to 37.5 grams.
3. The repurchase and maintenance policies are different. In Hong Kong and Macau, customers must not only deduct the work expenses, but also reduce commission when they exchange new or repurchases. This cost is not available in the Mainland.
It -buying gold jewelry in Hong Kong, many rules are different from the Mainland, such as color logos, valuation units, etc. In addition, the exchange rate and payment method will also affect the actual purchase price.
This information
The chemical symbols of gold are AU, and the English code in finance is xau or GOLD. The name of the AU comes from a story of Aurora, a goddess of dawn in Roman mythology, means shining dawn.
Gold (GOLD) is a single form of chemical element gold (chemical element symbol AU). It is a soft, golden, corrosive precious metal. Gold is one of the rare, precious and extremely valued metals.
The international gold is generally based on ounces. In ancient China, "two" was used as a gold unit, and it was a very important metal. It is not only a special currency for reserves and investment, but also an important material for the jewelry, electronics, modern communications, aerospace and air industry and other departments.
The international gold prices soared sharply after 2015. The price of gold in New York's market went up all the way from $ 1,200 per ounce, and it has risen to $ 1,300 in less than a month. Statistics show that the price of gold futures in New York market has increased by 9.3 since 2015 %.
A physical properties
1, color:
The steam emitted when gold is melted is green; its gold powder is usually brown during the smelting process; if it is cast into a thin piece, It can also transmit green light.
2, ductility:
is extremely strong. 1 ounce of gold can be pulled into 50 miles long, and its ductility makes it easy to cast and is a good choice for making jewelry. Gold is the strongest in the metal.
3, forgedness:
INO. It can cause extremely thin and easy to roll up. 1 ounce of gold can be hammered to 4 million -foot thick and 100 square feet. The ancients hammered it into thin slices to decorate the temples and the palace. These can explain the strong flexibility and forgedness of gold.
The color of gold is golden yellow, metal luster, difficult to break down. The hardness is 2-3, the pure gold is 19.3, and the melting point is 1064.4 ° C; it has good ductility and can be pressed into thin foil. It has extremely high heat transfer and conductivity. The resistance of pure gold is 2.4P. Pure gold has good anti -chemical corrosion and is the best electroplating material.