Editor’s Note
**Editor’s Note:**
As gold prices hit record highs, Taiwan’s gold recycling market is booming—but many sellers are losing out due to unfamiliarity with the rules. This article offers practical guidance from Qiaopin Jewelry on three key points to ensure fair pricing when selling gold.
Business Media
| Reporter Lin Zhanhong / Taipei Report
In recent years, international gold prices have continued to climb, reaching historic highs, driving a significant increase in demand for gold recycling in Taiwan. However, many people, eager to cash in, often suffer losses due to a lack of understanding of recycling rules. In response, ‘Qiaopin Jewelry,’ a new-model jewelry live-streaming and gold dealer in Taipei’s Da’an District, reminds consumers to master three key points before selling gold to ensure they get a fair price.
Gold recycling prices are directly linked to international gold prices and fluctuate daily. The head of Qiaopin Jewelry stated that many consumers have no concept of the day’s market price, leaving them with no benchmark when jewelers quote prices.
Consumers can check the real-time gold price of the day in advance through the Qiaopin official website (https://www.gold-tw.com/today-gold-price) to be well-informed.
Recycling prices vary significantly based on the purity of gold jewelry. Common 18K gold (750) has only 75% gold content, a huge difference compared to 9999 pure gold. Qiaopin Jewelry provides on-site professional testing instruments, allowing consumers to witness the entire process, avoiding disputes over purity determination.
Some dealers deduct 2% to 5% of the weight under the pretext of ‘melting loss’ when settling 9999 purity gold, which means losing nearly NT$100 per qian (a unit of weight) of gold. Qiaopin Jewelry adopts a no-deduction policy, weighing on the spot and paying cash on the spot, ensuring transparency.
For more information, search for ‘Qiaopin Jewelry’ official website: https://www.gold-tw.com/
Address: No. 62-1, Section 3, Jinan Road, Da’an District, Taipei City
Source: https://sunmedia.tw/news/finance/%E9%BB%83%E9%87%91%E5%9B%9E%E6%94%B6%E7%86%B1%E6%BD%AE%E4%BE%86%E8%A5%B2%EF%BC%81%E5%8F%B0%E5%8C%97%E9%8A%80%E6%A8%93%E7%8F%A0%E5%AE%9D%E6%A5%AD%E8%80%85%E6%8F%90%E9%86%92%EF%BC%9A%E8%B3%A3%E9%BB%83%E9%87%91%E5%89%8D%E5%BF%BD%E7%95%A5%E9%80%993%E4%BB%B6%E4%BA%8B%EF%BC%8C%E6%9C%80%E5%A4%9A%E5%B0%91%E6%8B%BF10-1774327453005
