Some people, sometimes referred to as gold bugs, buy gold which they retain in their physical possession in the belief that should the monetary and financial system collapse, gold would still be considered valuable. Other reasons for doing so include the ease of hiding the gold from others, such as tax authorities.
Gold has the potential for appreciation (or depreciation), but lacks the two other components of total return: interest and compound interest.
1. The price of gold
Hong Kong gold prices are not fixed, and in many places, mainly by the influence of the world gold market. Hong Kong's monetary policy changes, the political situation, economic environment will also affect the price of gold.
2. Gold to the classification methods and quality categories
Gold contained in gold from the main elements to distinguish. That is, for example, the representatives of 99 of 99 percent pure gold, 999 gold on behalf of pure gold of 99.9 percent and so on. In addition to some "k" a few (Karat) to distinguish between their gold content, in general the following criteria:
24k gold - with volume of 99.99 percent pure gold (in Hong Kong, also known as the "gold" or "999.9 gold")
22k gold - with volume of 91.66 percent pure gold
18k gold - with the blunt of 75%
14k gold - with 58.5 percent of pure gold
In Hong Kong, with gold amounted to more than 99 percent of gold is also known as the "24K."
Gold itself is too soft and with toughness, to create a pure gold ornaments, hinge location and connection bit more variable-off and demolished, gold will join the general increase in strength alloy. So the so-called 24K jewelry, jewelry itself actually refers to the use of the ingredients, not including Welded Joints or hinged mouth of the ingredients.
3. Buy gold ornaments in Hong Kong
Hong Kong's gold ornaments are also "golden tagging Act" under restraint, be called the gold, more than 990 Condition must ensure genuine. And the need to purchase gold in the mainland with 17 percent value-added tax and sales tax of 5% Consumers in Hong Kong are completely tax-free. Hong Kong than the famous gold chain with Chow Sang Sang and Chow Tai Fook, Liu Fu, Jindian and other towns. General gold ornaments on the trip will be engraved with the name recognition, the purchase of gold ornaments, Hutchison would like to get a receipt, receipts should be set out on decorated pieces of the Condition, price and weight information.
