Gold price update: July 1, 2022, the latest price of Qianzhijin, the latest price of gold in China, the latest gold price list of Shanghai Gold Exchange, Bank of China, Industrial and Commercial Bank of China, China Construction Bank, Shanghai Pudong Development Bank and other ma

gold price update: July 1, 2022, the latest price of Qianzhijin, the latest price of China Gold , Shanghai Gold Exchange , Bank of China , Industrial and Commercial Bank of China , China Construction Bank, Shanghai Pudong Development Bank and other major banks Latest gold price list.

Ripe gold is gold that has been smelted and purified from raw gold. It generally has higher purity and finer density, and some can be directly used in industrial production.

Common ones include gold bars, gold nuggets, gold ingots and various accessories, utensils, gold coins, and industrial gold wires, gold sheets, gold plates, etc.

Due to different uses, the required fineness is different, or because there is no purification equipment, it is only melted without purification, or the purity of the purification is not enough, resulting in gold of varying fineness. People customarily divide ripe gold into three types: pure gold, red gold, and colored gold according to the quality.

Gold that has been purified to a very high purity is called pure gold. Gold generally refers to pure gold with a fineness of more than 99.6%.

1. Red gold and pure gold have similar meanings, but due to differences in time and place, the standards of red gold are different. Gold sold in the international market is called red gold with a fineness of 99.6%. The domestic red gold is generally between 99.2% and 99.6%.

2. Colored gold, also known as "secondary gold" and "tide gold", refers to gold with lower fineness. Due to the different content of other metals, the fineness of these golds ranges from 99% to 30%.

According to the different contents of other metals, cooked gold can be divided into clear gold, mixed color gold, K gold , etc. Clear gold refers to gold that is only mixed with silver. Regardless of the fineness, it is collectively referred to as clear gold. There is more clear gold, which is commonly found in gold bars, gold ingots, gold nuggets, various utensils and gold jewelry.

3. Mixed-color gold means that in addition to silver, gold also contains other metals such as copper, zinc, lead, and iron. According to the type and quantity of metals contained, it can be divided into small mixed gold, large mixed gold, bronze large mixed gold, lead-containing large mixed gold, etc.

4. K gold refers to gold made from silver and copper in a certain proportion and according to the formula that pure gold is 24k. Generally speaking, the greater the silver content of K gold, the greener the color; the greater the copper content, the purple-red color. The percentage represented by the

K value is only a rough number and does not require to be very accurate. It is customary to use even K values, such as 24K, 22K, 20K, 18K, etc. 18K means that there are 18 parts of gold in 24 parts of the alloy, which is equivalent to about 75% content.K gold calculation method: The formula for calculating the converted gold content of K gold is: K value ÷ 24 × 100% (i.e. K value × 4.1667%)

On July 1, 2022, the latest gold price list of Qianzhong and gold from major banks

name price unit Update date

Thousand Pure Gold Basic Price 426.00 Yuan/g, July 01, 2022

China Gold Investment Gold Bar 409.00 Yuan/g, July 01, 2022

Harmony and Peace Gold Bar 403.60 Yuan/g, July 01, 2022 Japanese

Plum, Orchid, Bamboo and Chrysanthemum Gold Bar 403.60 Yuan/g, July 1, 2022

World Expo Zodiac Gold Bar 403.60 Yuan/g, July 1, 2022

Expo Auspicious Gold Bar 403.60 Yuan/g, July 1, 2022

Expo Ruyi gold bar 403.60 yuan/gram, July 1, 2022

Shanghai Gold Exchange gold bar 394.00 yuan/gram, July 1, 2022

China Banknote Guoding gold bar 393.49 yuan/gram, July 1, 2022

Gold and silver bar quotations from banks and institutions are RMB/gram
Note: The following bank quotations are for reference only. The actual quotation from each gold bar supplier shall prevail when purchasing

Name Price Unit Update Date

Bank of China gold bars 380.20 yuan/gram, July 2022

Industrial and Commercial Bank of China Ruyi Gold Bar 402.90 yuan/gram on July 1, 2022

China Construction Bank Longding Gold Bar 380.20 yuan/gram on July 1, 2022

Shanghai Pudong Development Bank Investment Gold Bar 384.20 yuan/gram on July 1, 2022

Note: Gold prices are subject to change. The above gold prices are for reference only and are not used as any transaction data. The actual price of the local bank shall prevail.