I would like to ask, can privately sell gold now, I mean real gold. For example, buy at a low price, and then sell it to the gold shop. Essence
5 thoughts on “Is it illegal to sell gold privately?”
Leave a Comment
You must be logged in to post a comment.
my country's laws do not have a clear crime of selling gold, but if it is smuggling gold, it constitutes the crime of smuggling precious metals. If the business procedures are incomplete, it will constitute illegal business crimes.
1. The crime of smuggling precious metals refers to violating customs regulations, evading customs supervision, illegal transportation, carrying, and mailing valuable metals prohibited from exports to destroy the country's foreign trade management. The object of this crime is a system of prohibiting valuable exports in the state's foreign trade control.
The object is gold, silver, or other valuable metals prohibited from exports. Other valuable metals refer to the elimination of valuable metals that are prohibited from exports such as platinum, crickets, 锇, 钌, 铑, titanium, titanium, and crickets other than gold and silver.
2, the crime of illegal business refers to the item that operates without permission, special monopoly items or other items restricted by buying and selling, buying and selling, import and export permits, import and export origin certificates, and other laws and administrative regulations. Documents, as well as behaviors engaged in other illegal business activities, disrupting market order and serious circumstances.
The purpose of consisting of intentional aspects and with the purpose of seeking illegal profits. These are the two main contents that this crime should have in terms of subjective aspect. If the actor does not take the purpose of illegal profits, but because if he does not understand the laws and regulations, and the sale of business licenses shall not be based on this crime, the competent authority shall be held accountable by the competent authority.
Extension information:
The legal gold transactions
At present, there are two main types of legal gold market transactions in my country, namely spot transactions and futures transactions.
The gold spot mainly refers to gold (bricks), gold ingots, gold bars and gold coins. Most of the private or gold -mining companies are mostly traded on the newly mined gold transactions. The gold purchased by customers can be stored and transferred by themselves, or the Golden Merchants can be kept. Spot transactions are generally delivered after the transaction or completed within two days.
The price of gold spot transactions is relatively special. It is divided into two types: pricing transactions and quotation transactions in the gold market.
The characteristics of pricing transactions are to provide customers with a single transaction price, that is, there is no trading price difference. According to a single transaction price, customers can buy and sell freely, and only a small amount of commissions are charged by gold merchants. Quotation transactions are divided into buying and selling prices. Pricing transactions are only effective within the prescribed time. It is short for one minute and one hour long. It depends on the supply and demand of market customers. The gold prices of other gold markets in the world are based on the level of pricing in the London market, and then depending on the supply and demand status of the market.
The gold futures transaction is not immediately delivered after the transaction, and the two parties signed the contract, delivered the deposit, and then delivered at the scheduled date.
Reference materials: Baidu Encyclopedia-smuggling of precious metal crimes
Reference materials: Baidu Encyclopedia-illegal transaction crime
The "Gold Market Administration Measures" (hereinafter referred to as the "Administrative Measures"), which has not seen its voice, has been formulated recently by the People's Bank of China, and the official documents will be released on the daytime. This means that after the 4 years of marketization, the gold market will finally have its own "fundamental Dafa", and the trading behavior of the production, circulation, investment, and intermediary agencies will finally be able to follow.
In the "China Business Daily" report, the "Administrative Measures" issued by the central bank will involve four aspects: first, standardized on -site transactions; second, standardized off -site transactions; third Introduce overseas members; fourth, standardize gold import and export business.
In 2002, the establishment of the Shanghai Gold Exchange marked that the gold market began to be market -oriented. However, with the gradually heating up in gold investment in recent years, the disadvantages of lack of gold market management regulations are increasingly prominent.
The intra -field transaction system needs to be clear
The intra -field transactions are currently transactions on the Shanghai Gold Exchange. The participants are mainly 150 member units, and they have not been open to individual investors.
If personal investors want to invest in gold, they can only pass the personal personal firing business of financial members and non -self -employed members, as well as "paper gold" and "account gold" launched by banks "And the standard gold bars launched by some companies, these transactions are 100%fund transactions.
. Another deserved variety in the game is T D. Because the T D variety adopts a margin trading method and has some futures nature, it can participate in investment with less funds, so the transaction volume gradually enlarged from the second half of 2005.
Seeen people told reporters, "From the perspective of active market transactions, of course, the gold exchange hopes that the larger the volume, the better, but the exchange is also scrupled. Margin. "
The current exchanges are seeking systems and channels, that is, like the securities market customer management funds, such as allowing customer funds accounts to directly connect with the Shanghai Gold Exchange settlement system. And these all need to be clarified in the form of regulations.
The out -of -field transaction challenge multi -head supervision
Outreach transactions in the gold market include gold trading varieties launched by major banks, paper gold, account gold, Golden Standard gold bar, gold, gold, gold, gold, gold, gold, gold, gold Experts, Long Dingjin, etc. But "At present, it is mixed with fish and dragons outside the field. Before opening the market, the market should be rectified." Senior people said with emotion.
Stchidies in the domestic gold market mainly include some new gold margin transactions or quasi -futures transactions, and some overseas futures transactions without regular channels. At present, the gold futures business has not been allowed in China, and the development of the domestic gold derivative market is not complete, providing space for these gray underground transactions.
This gray transactions often exaggerate the return of gold investment. For example, some Hong Kong registered companies go to the Mainland to conduct business to attract individual investors or even some legal persons to fry gold futures overseas to pay the condition of 100 times the transaction of 1%margin. Essence Under the temptation, some ordinary investors who know little about gold investment often ignore risks
Personal selling more than 50 grams of gold is illegal behavior:
illegal acquisitions, inverted buying, and smuggling gold cumulative over 50 grams. It can be regarded as a large amount of 500 grams. If a small amount of gold jewelry should be fine, a lot of business licenses need to be used. Gold bars are absolutely impossible. No matter how much, only the country has the right to buy and sell gold bars.
As long as you are not for the purpose of profit for a long time, you will not violate the law
, for example, buy a bracelet for your wife in Macau
The feels that it is not good -looking in Guangzhou.
Pay content for time limit to check for freenAnswer Hello, I am a cooperative lawyer of the Linglin platform, and I am glad to serve you.nAs long as the source is legitimate, no gold (GOLD) is a single form of chemical element gold (chemical element symbol AU), which is a soft, golden, corrosive precious metal. Gold is one of the rare, precious and most valued metals. Internationally, gold is generally based on ounces, and ancient China was used as a gold unit. It was a very important metal. It is not only a special currency for reserves and investment, but also an important material for the jewelry, electronics, modern communications, aerospace and air industry and other departments. 999 pure gold ore is generally divided into stone ore and mud ore. In accordance with the "Regulations and Naming Methods of Jewelry Pureth" (National Standard GB/T11887-2002), the minimum purity of the purity of the foot gold is 990, that is, the purity is not less than 990 ‰; That is, the purity is not less than 999 ‰.