3 thoughts on “Why does the price of gold jewelry changes every day?”

  1. The price of gold jewelry is composed of gold price and gold manual fee. The price of gold is different every day, so the price of gold jewelry also changes. The regular manufacturer will set a change value of more than 10 yuan. Adjust the price once.

  2. 1. COMEX gold fluctuations, one point of profit and loss change
    Comex Gold's contract units about each standard hand, the same as international spot gold, all 100 ounces, indicating that a standard hand COMEX gold transaction is buying and selling, that is, buying and selling 100 ounces of gold. Different from the spot gold, COMEX gold is not a spot buying and selling, but instead of entering the market and positioning of the gold price fluctuations generated by the two time points as the transaction value of the hand of COMEX gold.
    Comex's minimum volatility is $ 0.1/ounce, which means that 1 point is the first place in COMEX gold quotation, the first place after decimal point, and because of the 1 standard hand = 100 ounces, COMEX gold rose at a point of each point of falling down a point. The corresponding profit and loss change is $ 0.1/ounce*100 ounces = 10 US dollars.
    . Shanghai Gold Futures fluctuations and losses of one point of profit and loss change
    Setin gold futures are quoted on the renminbi, the measurement unit is gram, each standard hand unit is 1,000 grams, and a standard hand is a standard hand. Shanghai Gold Futures Transaction is to buy and sell 1,000 grams of gold. Shanghai Gold Futures quotation is close to international spot gold, reflects on the market according to the international gold price, combined with the supply and demand factors of the domestic gold market.
    The minimum fluctuation price of Shanghai Gold Futures is 0.05 yuan/gram, which means that 1 point is the second place in Shanghai Gold Futures. The corresponding profit and loss change of the point is 0.05 yuan/gram*1000 grams = 50 yuan.

  3. This is because the price of gold futures on the international market is changing, and there are many factors that affect the price of gold. Because the price of gold does not change with time, that is, what you can buy with 100 grams of gold is now available for a year. You can still buy it with one hundred grams of gold, but you can't use currency. The price of gold is constantly changing as if the stock market is constantly changing

    The price of gold is different every day, so the price of gold jewelry is also changed. Formal manufacturers will set a change value of more than 10 yuan to adjust the price once.

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