What is SJC gold?
SJC gold bars
SJC gold is a gold brand produced by Saigon Jewelry Company. SJC gold represents a type of gold that is a rectangular gold piece, according to weight. On the surface of the SJC gold piece is printed a dragon and 4 number 9 representing 99.99% pure gold. The other side of the gold piece is information and the manufacturing company (SJC).
SJC gold bars have more value in terms of storage and investment than in terms of jewelry value.
The characteristic of SJC gold is that it is softer than other types of gold, easily scratched and distorted when rubbed. Because it is pure gold, SJC gold does not turn black or tarnish over time.
What is the difference between SJC gold and 9999 gold?
9999 gold has a purity of up to 99.99%. 9999 gold is also known as dragon gold, 4-number-9 gold, the value of this type of gold is equivalent to 24k gold.
In essence, SJC gold is still 9999 gold. However, SJC gold is a type of gold produced by a gold bar production unit. Therefore, SJC gold can be considered 9999 gold but 9999 gold is not SJC gold.
Why is SJC gold more expensive than 9999 gold?
Gold shops and companies all sell 9999 gold, but the price of each gold brand is different. SJC gold is often more expensive than 9999 gold because it is produced by the famous SJC brand.
Furthermore, SJC is also a brand managed by the State, so this is considered the main reason why the price of SJC gold is always much higher than the price of other types of gold bars.
Besides, SJC gold is always guaranteed in quality and easy to liquidate (can be bought and sold from small to large gold shops).
HA (according to VTC News)Source
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