Who doesn't understand gold?
Who doesn't understand gold? One of the types of metal that has a great selling value and is everyone's dream. When viewed from the use of gold has 2 benefits. The early gold was used as jewelry to make yourself beautiful. Instead the Second gold is used as an investment medium.
Various parties report that metallic gold and pure gold are the right options for investing. However, in fact investing using gold in the form of jewelry can also be done and always brings profits in the future. animals starting with r
This is because more than 52% of gold is made in the form of jewelry. Therefore, we don't need to be afraid of the gold price going down. Even in the future, the need for gold will continue to be great. 1 mayam how many grams?
To be able to invest in gold jewelry, it is better if we first master a few things so that we can calculate gold investment correctly. And in this article we want to share a discussion about the method of calculating the price of gold jewelry. how many grams of gold
How to Determine Jewelry Prices?
Before determining the price of jewelry, it would be nice to first identify the various types of jewelry. In general, gold jewelry is not made of pure gold. But it is a mixture of pure gold and other materials with a match of 75%: 25%.. selling gold without a letter
Not only having bonus bottom materials, the process of making jewelry also requires craftsmen who will later cost money. Therefore, in conclusion, the price of pure gold and gold jewelry will be different. Gold shop Kontai Purwakarta
Types of Jewelry dark gold letter code
In marketing, gold is grouped into several types. Gold code 18kgp
That is for the content of gold and the production process. This is done to make it easier to determine prices and marketing. the price of fixing a broken gold necklace
Share the rate
In the market, gold content is usually grouped into 3 types.
Gold 24 Gold price 700 Makassar
rust with a gold content of 99%. Generally this gold is pronounced with pure gold.
22 carat gold with a gold content of 70- 75%. In the market is pronounced with old gold. sell gold
9 carat gold with 37-42% gold content. Generally this gold is known as light gold.
2. Share the Production
If the composition of gold is distinguished in units of carats, and is divided into 3 types. Until the gold production is divided into 2 types. sell gold without letters
Factory Made Gold
Generally, factory-made gold marked
999, 750, 700, 420, 375. In this case it can be said that the jewelry has a gold content of
99%, 75%, 70%, 42%, and 37%.
Not only writing down the numbers, generally a code is also found
UBS, KH, lotus flower, or any other feature. This shows that the gold was made by Pabrik Buat Bersama Sejahtera (UBS), King Halim (KH), and Lotus.
While jewelry with code
or precious metal is pure gold made by PT Aneka Tambang.
Craftsman-made Gold
Before the emergence of factory gold products, gold was created by traditional craftsmen. The creation process is ordered through a gold shop which is then made by the crafter according to the design we want. sell gold without letters
In this process of course linking the gold sales force
so that in conclusion it requires paying the cost of selling gold
vary, depending on the weight and level of complexity of the design.
Then what is the method for calculating the price of gold? sell gold without letters
1. The main formula for selling gold without letters
The most important formula is to multiply the price of gold by the gold content (Price X Gold Content). The price in this case is the global price in terms of the number of carats. On the other hand, the content is seen from the presentation of the gold composition used. gold price
2. Gold Price Calculation Simulation
In this calculation we use the formula above. And in this case we use the price of 24 carat gold, sell gold, sell gold without a gold sales letter
on the other hand, the global market price of gold is IDR 500,000 per gram.
Gold Price= Global Price X Gold Content
= IDR 500,000 X 75%
= IDR 375,000/gram
3. Watch the Gold Depreciation
The existence of a combustion process (mixing gold content) will cause shrinkage. Suppose we want to make gold with a content of 70%. Where 70% is made of gold and 30% is made from other materials. Sell gold, sell gold without letters
Maybe in the process of burning the gold composition will decrease by 2% or stay 68%. However, there is no need to be afraid. Usually a jewelry store will always provide a 70% content value. And share a 700 stamp which means the gold has a 70% content.
4. Maintenance Cost
Not only raw materials and craftsman fees. There is another thing to consider, is the cost of maintenance. This payment sticks out because of the washing process (buying drugs) and jewelry care. Paid sticking around Rp. 1500-Rp 2500 per gram.
And keep in mind, in the washing process of 100 grams there will be a reduction of 1 to 2 grams. If the amount of lost rupiah is charged to the amount of 100 grams of jewelry that is washed, the loss per gram is around Rp. 5,700 to Rp. 10,400.
It could be crossed our minds if the fee is very expensive. And decided not to need treatment. But let's think about the effect of selling jewelry. If the jewelry is damaged, until you want to wear it
revision. Moreover, if the destruction is very severe, it is possible for the jewelry to be offered at a very cheap price.
That was part of the discussion on the calculation of the price of gold. When deciding to buy or invest, it is also a good idea to think about the cost of maintenance. So that later the jewelry you own will always have a great selling value.
The yellow metal rose after the USD ended its rally and urged some investors to buy after two stages of recording heavy losses to a 9-month low.
The very active gold contract for August delivery on the Comex division of the New York Exchange, gained USD 3.2 or 0.18 percent to close at USD 1,739.70 per ounce, snapping losses for 7 consecutive stages.
Gold futures prices slipped $27.40 or 1.55 percent to $1,736.50 on Wednesday (6/7/2022), after dropping $37.6 or 2.09 percent to $1,763.90 on Tuesday. (5/7/2022).
We took a look at some good bargain hunting after the dramatic gold sell-off. There's definitely some buying interest at a time when it's shrinking after yesterday's move to a low of the $1,700s," said David Meger, director of metals trading at High Ridge Futures.
"The USD did not rise further today allowing gold to bounce back."
The greenback has emerged as the preferred haven amid rising recession risks.
Moreover, the USD has already reached its highest level in almost 2 decades in the early stages before weakening on Thursday (7/7).
"Any strength we could see in gold in the short term should be treated with extra caution as selling could easily resume amid a strong USD area and rising interest rates," said market analyst at City Index Fawad Razaqzada.
The minutes of the Federal Reserve's June meeting feature a deteriorating inflation mood. On the other hand, there are concerns about the loss of confidence in the central bank's power to regulate inflation with the push for the most US interest rate hikes in nearly three decades.
Gold has lost more than $300 since the Fed started raising interest rates in March,
The Fed's policy to tame inflation increases the chance of losses holding non-yielding gold.
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