Will the price of gold fall in 2024? No. Historically, the price of gold will remain stable and will rise in the long term, so there will be no price reduction in 2024.
Analysis of gold price trend in 2024: prediction and buying strategy
Since the beginning of 2023, the gold price has risen from 420 yuan/gram to 7 yuan/gram in July, and although there has been a recent correction, the international gold price has stabilized at 462 yuan/gram as of August 2023, 8. Based on the current trend, my analysis points out that gold prices are expected to remain in the range of 2 yuan/g to 456 yuan/g this year, and although the upper limit has not yet been reached, I am inclined to be bullish. For consumers with actual needs, such as preparing for marriage three gold hardware, I suggest that you do not have to wait too long, because the decline in gold prices is expected to be limited, and the overall upward trend is more obvious.
When buying gold jewellery, the difference in price varies significantly between different channels. For example, at the international price of 456 yuan/gram, the selling price of these brands is usually more than 590 yuan/gram, plus labor costs, the actual cost may exceed 650 yuan/gram. Especially in the case of buying wedding jewelry in large quantities, the expenses can add up to a considerable amount.
However, the reality is that the price of gold jewellery in the wholesale sector, which is supplied directly from the factory, is much lower than in the retail market. Based on the international gold price of 456 yuan/gram, plus the basic labor cost of 30 yuan/gram (3D hard gold and 5G gold may be higher, about 50 yuan/gram), the purchase cost is roughly 486 yuan/gram. This is at least 150 yuan/gram cheaper than the brand store, such as buying 100 grams of three gold, you can save up to 15000,<> yuan.
It is not difficult to find such a source channel, I recommend following my official account, where I will share an online wholesale mini-program of Shenzhen Shuibei Gold Factory, with 20,2 pieces in stock and 25,35 styles, including popular choices in the market. As a platform developed by a large gold factory in Shenzhen, the gold price here is calculated directly according to the international real-time gold price, and the labor cost is between <> yuan and <> yuan/gram, and the wise consumer will benefit from choosing the right purchase channel, not having to wait for the gold price to fall, but directly enjoying the ex-factory price discount.
Gold prices in 2024 can be difficult to predict, but with a smart buying strategy, you can take advantage of price fluctuations and get your hands on gold jewellery at a more affordable price. Remember to pay attention to the market dynamics, make timely moves, and seize favorable opportunities.
What to pay attention to when buying gold
1. Simple style
When buying gold jewelry, we should pay attention not only to its beauty, but also to ordinary people. When we choose, we shouldn't choose it. It has a very ornate appearance and is decorated with many patterns that make it stand out from the rest. The first is the price, as this type of jewelry requires a processing fee. It depends on its style. The more sophisticated it is, the more expensive it is. Some require a processing fee of more than 100 yuan per gram, so a 20-gram gold jewelry requires a processing fee of more than 2000,<> yuan, which is very uneconomical. This does not include repairs. We all know that gold is soft and easily damaged or deformed. In this case, you have to go to the shop to repair it, and then you will find that the repair cost is very high. In addition, complex styles are generally welded, because gold jewelry is relatively rare. If such a complex process is to be accomplished, welding technology is generally chosen. Due to the welding technology, other substances are added during the operation, which directly affects the purity of the jewelry. Moreover, the sculpture of complex sculptures generally has protruding and sharp parts, which are easy to scratch when holding a child. Therefore, it is best to choose a simple style when buying gold jewelry, which is not only cheap, easy to maintain, but also ensures purity.
2. No hollow or with pearls
Bumps and bumps in life are inevitable, and some small collisions in daily life are always inseparable. In the eyes of women, pearls are the best match for gold, and openwork jewelry is even more beautiful. Many people fall in love with it at first sight at a jewelry store. If you wear this kind of bracelet with pearls, in your daily work and life, the pearls are easy to break, because the pearls are glued to it and will break if you are not careful. Hollowed-out jewelry will be compressed and deformed after wearing it for a long time. Experienced friends know that the harm is a waste of money. Now the processing cost is very high. If you buy it, you will know that you have been deceived. Therefore, in the process of purchasing, try to avoid this style of bracelet.
3. Don't buy a fixed price
We must never buy gold jewelry at an immediate price. This is the most common way of promotion in shopping malls. People who frequent the mall gold store will find that they always use more promotional methods, such as price reductions and events. Most of them don't sell well or contain other ingredients. For example, a necklace that is not very heavy, the price is only 1000,1000 yuan, and I thought it was more cost-effective at the time. I thought a necklace was only 1,<> yuan. Didn't I pick up a bargain so I bought it without thinking too much, but after calculating it at home, I suffered a loss. Compared with <> gram, each gram is about one or two hundred yuan more expensive.
