HK01 x Tin Fung Group – In‑Depth Analysis of Current Gold Market Trends

Tin Fung Group Press Release on HK01 Exclusive Interview

Headline: Gold Price Breaks US$5,500 Per Ounce, Sparking a Gold‑Selling Frenzy – Tin Fung Group General Manager Mr. So Sai Cheung Uncovers Gold Recycling Tips and Reminds the Public to "Compare Prices" and Beware of "Melting Loss Fees"

International gold prices recently broke through the historic US$5,500 per ounce mark. Although there has been a slight pullback, the "gold rush" has swept across Hong Kong, with long queues forming outside gold shops in many districts for several consecutive days. Tin Fung Group, a long‑standing provider of professional precious metal services, was represented by its General Manager, Mr. So Sai Cheung, in an exclusive interview with HK01. The interview provided an in‑depth analysis of current gold market trends and reminded the public to pay close attention to the details behind recycling prices when selling gold for cash – in particular, to watch out for hidden charges such as "melting loss fees" (fire loss charges) to avoid unnecessary losses.

Source: https://www.hk01.com/article/60318483

Gold's Upside is Justified – Outlook Remains Bullish

In the interview, Mr. So Sai Cheung pointed out that although gold prices have to some extent deviated from fundamental factors, the arguments supporting their strength remain solid. Persistent geopolitical tensions, continuously expanding government debt, and market uncertainty over interest rates and exchange rate outlooks have all kept safe‑haven demand high. He expects that as markets widely anticipate a global shift towards monetary easing, gold's appeal as a non‑yielding asset will further increase, and gold prices may even challenge the US$6,000 per ounce level in the future.

When discussing silver, which outperformed gold last year, Mr. Jacky So noted that silver plays a critical role as an industrial metal. With the acceleration of global solar photovoltaic, electronics, and electrification trends, industrial demand has surged. Given supply constraints, silver prices are likely to continue showing strong explosive potential.

Smart Tips for Selling Gold: Beware of "Melting Loss" Traps – Choose One‑Stop Services

Many members of the public have taken advantage of high gold prices to dig out gold jewellery that has been stored at home for years and turn it into cash. However, many people find that the actual amount they receive often differs significantly from the international gold price. Mr. So Sai Cheung reminded the public to pay attention to several critical details:

1. Understand the pricing benchmark

Most shops do not calculate recycling prices based on the "selling price", but on the lower "buying price" or "recycling price". Street shops may quote prices 3% to 10% lower than the selling price.

2. Recognise "melting loss fees" (fire loss charges)

Because gold jewellery is usually mixed with metals such as copper and silver to increase hardness, the refining process to extract pure gold inevitably results in weight loss – known in the trade as "melting loss fee". This fee is often deducted from the recycling price. Some large chain gold shops may also charge additional commissions or handling fees.

3. Compare prices and confirm details

Mr. So advised that before selling, customers should:

• Verify the purity mark on the jewellery (e.g., 18K or Au750)

• Weigh the items themselves

• Ask multiple shops for the final amount they will receive

• Understand whether any "melting loss" or other fees have been deducted

This will help avoid unnecessary losses.

One‑Stop Service – A More Competitive Edge

As a member of the Hong Kong Gold Exchange, a Responsible Jewellery Council (RJC) certified manufacturer, and a holder of Chain of Custody (CoC) certification, Tin Fung Jewellery offers a one‑stop service covering gold testing, refining, and recycling. Mr. So Sai Cheung explained:

"Unlike ordinary gold shops that rely on third‑party recyclers, we have our own laboratory and melting facility. We can carry out refining directly, significantly shortening the process and reducing intermediary costs. This allows us to offer customers more competitive recycling prices."

The company also holds a Category B license for precious metals and gemstone traders and supports cash transactions, providing customers with flexible and convenient service.

Smart Vault – A Secure Backing for Long‑Term Investors

For investors who are hesitant at these high gold prices – wondering whether to "cash out" or "hold long" – Mr. So Sai Cheung pointed out that storing large amounts of physical gold at home carries security risks. In response, Tin Fung Group has expanded its business into asset custody. Its Tin Fung Smart Vault centre in Hung Hom provides thousands of UL‑certified safe deposit boxes. The fees are approximately 60% of those charged by bank safe deposit box services, and operating hours are longer. This offers investors who wish to capture gold's long‑term uptrend a high‑quality storage solution that come with greater protection and more flexible in service.

For more details about Tin Fung Group's services, please visit the official website or call our hotline.

About Tin Fung Group

Tin Fung Group is a well‑known diversified enterprise in Hong Kong, with businesses covering precious metal investment, jewellery retail, and asset custody. Its subsidiary, Tin Fung Jewellery, is a member of the Hong Kong Gold Exchange and holds Responsible Jewellery Council (RJC) certification, dedicated to providing professional, transparent and reliable services to customers.

Media Contact

For enquiries or to arrange an interview, please contact the Marketing Department of Tin Fung Group:

Tel: (852) 2334 5610
Email: info@tfj.com.hk
Official Website: www.tfj.com.hk