The purchase price offered by the Gold Recycling Company is generally somewhat lower than the market price. If it's 999 pure gold, the company can offer a price of 750 yuan per gram, with the seller bearing the cost of any losses due to testing.
Chen Zhou's gold bar was not pure enough. After some negotiation, it was finally only bought back at 720 yuan per gram, which is more than forty yuan below the market price per gram, resulting in nearly 20,000 yuan less for the whole bar.
Although Chen Zhou knew that Manager Sun had made quite a bit of money off him, there were no other channels for selling and he urgently needed the money, so he had to agree to this quote.
After carefully reviewing the transaction contract handed over by Manager Sun and confirming there were no traps, Chen Zhou took out the second gold bar.
After testing, they signed the contract, and Manager Sun quickly transferred the sale proceeds minus the loss fees to Chen Zhou's card.
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