4 thoughts on “How many grams of gold in Hong Kong 1 or two gold”

  1. Hong Kong adopts a "Sima Jin" system, with 16 two pounds. Sima is the current transaction measurement unit commonly used in the Hong Kong gold market. Generally, the "two" pricing, and this "two" and the "two" in the Mainland are not the same.
    1, the "two" in the Mainland is 50 grams, one pound is equal to twelve, 1 kg is equal to 20 two;
    2, but in Hong Kong, "jin" and "two" are the concepts of Chinese traditions. It is 600 grams, one pound is equal to 16 two (half a catty eight or two is from this), one or two is equal to 10 dollars.
    3, converted, one or two in Hong Kong and Macau is equal to 37.5 grams. At present, the gold price market in Hong Kong is updated daily based on the changes in international gold prices. The price of Hong Kong gold jewelry today is HK $ 13,830/gram. The conversion to the mainland quotation is about 289 yuan/gram, which is cheaper than the mainland gold price.
    The expansion information:
    The trading month is the three consecutive months from the month and the double months later. The longest transaction period can reach 25 months. The transaction adopts Cantonese public barking method, supplemented by hand numbers. The grade standard of the deposit is 100 ounces, 50 ounces and 1 kg, and the place of delivery is in Hong Kong. In order to reduce the risks of investors, the exchanges have a stop and gold system.
    The stop price of the Gold Futures Market in Hong Kong is $ 40. According to the gold system, the buyer and seller of each contract must be paid at 10%of the contract equivalent to the total value of the contract. If the contract value is reduced to the specified minimum level (at 70%of the gold) due to the fluctuation of the price, the investor A separate bond is required to the original number.
    It in the gold market in Hong Kong, due to the competition between the Hong Kong Gold and Silver Trade and the London Gold Market, and because the two systems are allowed to postpone the collection, they have long been with the characteristics and functions of the gold market. Therefore, Hong Kong The gold futures market transactions are not active, and their importance has declined.
    Reference information Source: Baidu Encyclopedia-Hong Kong Gold Futures

  2. Hong Kong adopts a "Sima Jin" system, with 16 two pounds. Sima is the current transaction measurement unit commonly used in the Hong Kong gold market. R N Hong Kong's gold shops are generally priced at "two", and this "two" and the "two" in the Mainland are not the same.

    The "two" in the Mainland is 50 grams, one pound is equal to 12, 1 kg is equal to 20 two;
    but in Hong Kong, "jin" and "two" are the concepts of Chinese traditions. One pound is 600 grams, one pound is equal to 16 two (half a catty eight or two is from this), one or two is equal to 10 dollars.
    This, one or two in Hong Kong and Macau is equal to 37.5 grams. At present, the gold price market in Hong Kong is updated daily based on the changes in international gold prices. The price of Hong Kong gold jewelry today is HK $ 13,830/gram. The conversion to the mainland quotation is about 289 yuan/gram, which is cheaper than the mainland gold price.

    The converts rules for Hong Kong golden units
    It buying gold jewelry in Hong Kong, many rules are different from the Mainland, such as color logos, valuation units, etc. It will also affect the actual purchase price. Buying two gold theory in Hong Kong, buying gold bars or gold jewelry in the Mainland, the stores are based on the price, Hong Kong's measurement system, generally dedicated to gold.

    1 Sima two = 37.42849791 grams
    1 Sima two = 10 Sima money = 37.429 grams (g)
    12 Sima two = 1 pound
    conversion method : 1 Sima Two = 37.42849791 grams or 1 kg = 26.718 Sima Two

    that is, whether it is a jewelry shop in Hong Kong and Macao, or gold shops, pawnshop, the price of every two Hong Kong dollars marked by the merchant It is definitely not the concept of "divide by 50", but to remove 37.5. Payment is also particular. Generally, stores will encourage mainland tourists to pay with UnionPay cards. This will not collect the card handling fee, and the exchange loss is relatively small.

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