Three 1000-gram gold bars sold for 3.23 million: less than 300 yuan below the market price per gram

On March 8, news reports indicated that a gold auction on Alibaba Asset Platform attracted significant attention from netizens.

The platform showed that three 1000-gram pure gold standard bars were all sold in the first round of open bidding.

The total transaction amount reached 3.2295 million yuan, with the final prices for the three bars being 1.076 million yuan, 1.079 million yuan, and 1.0745 million yuan respectively.

Notably, the unit price of the three gold bars was approximately 1,070 yuan per gram, far below the market gold price on that day.

According to data from the Shanghai Gold Exchange, the closing spot price for Au99.99 on March 6 was 1,139 yuan per gram.

Meanwhile, on March 8, mainstream domestic jewelry stores generally quoted pure gold craft bars in the range of 1,390 to 1,410 yuan per gram.

It is reported that the starting bid for each gold bar was 800,000 yuan, with a deposit of 40,000 yuan, an increment of 1,500 yuan, and a bidding period of 24 hours.

The auction items are long-shaped yellow pure gold bars, in good appearance, and verified to be pure gold.

It should be noted that the location of the items is in Jinan, Shandong Province, and buyers must pick up the items in Jinan within the specified period.