4 thoughts on “Africans are puzzled. Their "big gold chain" is so cheap. Why don't Chinese aunts come to buy?”

  1. Gold has always been a symbol of wealth and status. The ancient emperors or officials were expensive, and they would wear gold jewelry to show their status. When they are married, they will set up a few gold jewelry as a marriage or gift as a bride. When babies are born, they often create a golden lock, which means long -lived and good luck. Gold is irreplaceable in the minds of the Chinese.

    . Until today, gold still has an unshakable position. In addition to being used for industrial production raw materials and consumer accessories, gold also has metal attributes and value preservation functions. In other words, gold can not only be used as currency, but also preserves value. Because of the characteristics of gold, it is often used by the state or individuals to reserve to avoid risk guarantee funds.
    The people will choose to buy gold to invest. Gold prices will change with the changes in socio -economic changes, but fluctuations will not be particularly large. Therefore, investing in gold has become the choice of many Chinese people. In the past few years, the incident of Chinese aunts went abroad to buy gold to buy gold caused a sensation. But there is a country very confused: Why do Chinese tourists come to buy?
    The rich gold mineral resources
    Yes, this country full of confusion is Africa. As soon as you hear Africa, you will definitely think of rich mineral resources there, especially gold mines. In South Africa, many rich people rely on Gold Mine to get rich.
    The South Africa has the world's largest gold mining area, South Africa, South Africa. The South African Randjin Mining Area was discovered in 1866 and was subsequently mined. It has been intermittently mining in the middle for more than 130 years, and the amount of gold has reached 35,000 tons. There are now 18,000 tons of gold in the mine, totaling 53,000 tons. Existing gold reserves account for 52%of the world's total gold reserves.
    The golden reserves of only one gold ore reached half of the world. It can be seen how rich the gold mineral resources in South Africa are. The mining of gold mines has brought huge wealth to South Africa, and even led to the development of South Africa's economy. It can be said that the glory of South Africa was brought about by gold mines.
    has such a rich gold ore resources, which can be said to be "God of God to enjoy food", but the government in South Africa has not been able to make good use of the golden resources that this day is given. Due to the unreasonable factors such as policy failure, labor market conflict, and high mining costs, local gold mines are shrinking step by step.
    It if you can make full use of gold mines, extend the industrial chain, and realize the diversified development of resources, it should not cause today's situation. However, the problem of weak industrial manufacturing will not be resolved, and it will always restrict the development of the gold manufacturing industry.
    If of Africa's gold jewelry, how is the price
    Since Africa's gold resources are so rich, the price of gold jewelry must be very cheap. If you travel to the local area and buy some gold jewelry as a souvenir collection, wouldn't it be very good. So, what is the price of local gold jewelry in South Africa?
    The facts may not be the case. In fact, in Africa, most of the gold resources are in the hands of the rich, and they monopolize most of the gold resources and markets. For many locals, if you want to make money by gold, you can only go to gold or find some crushed gold to create gold jewelry.
    It if you go to South Africa to buy gold, it is not too much discount, but because there are tax refund, the price will look cheaper. There are many gold jewelry stores in South Africa, but most of them have been monopolized by a family. According to the international unified price price, the price is not much different from the domestic ones. More importantly, South Africa's gold jewelry is not good in work than domestic. Buying gold jewelry in South Africa is that the only benefit is that it can be refunded, so that it can be cost -effective.
    So South Africa's gold and silver jewelry jewelry is not cheap, and may even have the same product as well as domestic workmanship. If you want to go to Africa to buy gold jewelry, you must consider it carefully.
    Why do Chinese aunts go to Africa to buy gold
    In April 2013, international gold prices plummeted. Chinese aunts rushed to grab gold in the battle and became famous. They challenged their capital status. After that, Gold experienced a shocking plunge on April 12, 2013 and April 15. It fell directly from $ 1550/ounce to $ 1321/ounce.
    2013 Moms in the middle of the country crazy to buy gold, which caused the turmoil in the gold market and caused a stir in the world. Since then, the term "Chinese aunt" has become a special name. Until today, everyone is very shocking.
    "Chinese aunt" has also become a new term for the United States to ridicule because the Chinese aunt buying gold crazy to buy gold, causing the world's gold prices to change. The Wall Street Journal also created a new English word "DAMA" to describe "Chinese aunt".
    So if Chinese aunt travels to Africa, will it buy gold jewelry crazy? With the rise of the tourism industry in recent years, more and more Chinese people choose to travel abroad on holidays. However, after investigation, although Chinese tourists are all over the world, they are mainly concentrated in Europe, Southeast Asia, South Korea and Japan.
    The Africa is not able to attract Chinese to travel because of natural conditions and regional security problems. The older aunts, if they are not good, they may not be able to adapt to the environment there. Therefore, there may be no plans to travel to Africa at all, let alone buying gold jewelry. And due to cultural factors, jewelry made in Africa generally likes to maintain the natural appearance of gold, which may not meet the aesthetics of the Chinese.
    This of cat tiredness in gold jewelry
    If you want to buy gold, you must do your homework. People who do not know how to buy gold will definitely be pitted by the seller, so you must be careful when doing gold transactions. If you want to go to Africa to buy gold, you need to distinguish it carefully.
    First of all, you need to understand the purity standards of gold. African gold is generally 18K gold. The gold in my country requires 24K, the standard is higher, and the price is far away. 18K gold contains 75%gold and 25%of other metals, while 24K gold contains 99.9999%of gold. The requirement in China is to meet nearly 100%golden purity.
    It again, because the gold processing of Africa does not reach a high level of technical level, the purified gold is likely to contain other metal substances, and even contains many radiation substances to endanger physical health.
    So although Africa's golden jewelry "big gold chain" is very cheap in them, but the workmanship is rough. Although the Chinese love gold, they look more on the workmanship and purity of the trim. Buying gold, whether it is used to invest or make jewelry, be cautious.

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