Zhejiang Province (浙江省), located on China’s eastern coast, is one of the country’s most prosperous and industrialized regions, renowned for its robust manufacturing base, thriving trade, and strong financial services sector. Beyond its industrial and commercial prominence, Zhejiang is increasingly recognized as a strategic hub for gold trading, refining, jewelry production, and investment-grade precious metals.

Cities such as Hangzhou, Ningbo, Wenzhou, and Shaoxing are key players in Zhejiang’s gold market, offering access to high-purity 24K gold bars, nuggets, dust, and finely crafted jewelry. With Zhejiang’s advanced logistics, efficient export processes, and government-backed certification systems, it provides both domestic and international buyers a reliable and secure gateway to China’s gold industry.

This guide explores how to buy gold from Zhejiang Province, including key cities, leading suppliers, legal frameworks, refining standards, export procedures, investment opportunities, and essential tips for ensuring authenticity and secure transactions.

Overview of Zhejiang’s Gold Industry

Zhejiang’s gold industry has grown alongside the province’s economic expansion and industrial innovation. While not as large as Guangdong or Shanghai in terms of overall gold volume, Zhejiang has carved out a reputation for:

• Specialized jewelry manufacturing and artisanal craftsmanship
• Refining of investment-grade gold bars
• Certified trading platforms for wholesale and export purposes

Cities like Hangzhou and Ningbo provide wholesale and retail bullion markets, while Wenzhou and Shaoxing are recognized for jewelry design, goldsmithing, and custom-made products.

Zhejiang’s gold ecosystem also benefits from proximity to Shanghai, one of the global centers for precious metals trading, ensuring that buyers can access SGE-certified gold bars, coins, and bullion with confidence.

Why Buy Gold From Zhejiang Province

1. Strategic Eastern Location – Access to major ports like Ningbo-Zhoushan Port and Shanghai allows for smooth international trade.
2. Certified Suppliers – Dealers operate under Shanghai Gold Exchange (SGE) and China National Gold Association (CNGA) standards.
3. High-Quality Craftsmanship – Zhejiang cities like Wenzhou and Shaoxing produce luxury gold jewelry and custom investment pieces.
4. Competitive Prices – Factory-direct gold and jewelry are often more affordable than in Shanghai or Guangdong while maintaining high standards.
5. Reliable Export Infrastructure – Zhejiang’s logistics network ensures secure and efficient delivery to international buyers.

Key Cities and Gold Trading Hubs in Zhejiang

Hangzhou (杭州)

The provincial capital, serving as a financial and trading hub. Hangzhou hosts wholesale bullion markets and investment-grade gold dealers catering to both domestic and international buyers.

Ningbo (宁波)

A coastal port city providing export logistics, storage facilities, and international trade channels for refined gold bars and bullion.

Wenzhou (温州)

Known for its goldsmithing and jewelry craftsmanship, Wenzhou manufactures 24K and 22K gold jewelry for both domestic sales and international export.

Shaoxing (绍兴)

Specializes in custom jewelry production and artisanal gold products, supplying luxury gold items worldwide.

Jinhua (金华)

Emerging as a small but significant trading hub for investment-grade gold, offering certified gold bars and granules.

Leading Gold Dealers and Refineries in Zhejiang

1. Zhejiang Gold Refining Co. Ltd. (浙江黄金精炼厂) – Produces high-purity 24K bars, nuggets, and granules, certified by the Shanghai Gold Exchange.
2. Hangzhou Precious Metals Trading Center (杭州贵金属交易中心) – A government-recognized trading platform connecting wholesalers and international buyers.
3. Ningbo Kinggold Co. Ltd. (宁波金皇有限公司) – Specializes in refining and exporting investment-grade gold bullion.
4. Wenzhou Jewelry & Gold Manufacturing Co. Ltd. (温州珠宝黄金制造有限公司) – Produces custom 24K and 22K jewelry for global markets.
5. Shaoxing Lixin Gold Co. Ltd. (绍兴立信黄金有限公司) – Focuses on artisan jewelry, bullion bars, and gold dust for domestic and export markets.

These companies adhere to strict SGE and CNGA standards, ensuring gold authenticity, traceability, and high quality.

Gold Refining and Purity Standards

Gold from Zhejiang is refined to investment-grade standards.

• Purity Levels: 999.9 (24K) for investment bars and high-end bullion
• Testing Methods:
  • Fire Assay (Cupellation)
  • X-Ray Fluorescence (XRF)
  • Density and Ultrasonic Testing
• Certification: Each gold product includes a serial number, assay certificate, and certificate of origin, ensuring international recognition and compliance.

How to Buy Gold From Zhejiang Province

Step 1: Choose a Certified Dealer

Confirm registration with SGE or CNGA-certified platforms.

Step 2: Verify Purity and Documentation

Request the assay certificate, serial number, and certificate of origin.

Step 3: Compare Market Prices

Consult Shanghai Gold Exchange daily rates to ensure fair pricing.

Step 4: Secure Payment

Authorized methods include bank transfers, Alipay, UnionPay, and SWIFT international payments.

Step 5: Storage or Export

Gold can be stored in licensed vaults in Zhejiang or nearby Shanghai, or shipped via insured logistics providers.

Exporting Gold From Zhejiang

Zhuhai, Ningbo, and Shanghai provide efficient export channels for global buyers.

Required Documents:

1. Export license from the People’s Bank of China
2. Customs declaration form
3. Certificate of assay
4. Commercial invoice and packing list
5. Certificate of origin

Export Routes:

• Ningbo-Zhoushan Port for sea freight
• Shanghai Pudong Airport (PVG) for air shipments
• Hangzhou Xiaoshan International Airport (HGH) for high-value deliveries

Trusted Export Partners:

• Brinks Global Services
• Malca-Amit
• Loomis Group

These companies provide insured delivery, real-time tracking, and secure handling for international shipments.

Investment Opportunities in Zhejiang

1. Physical Gold Investment: Buy 24K bullion, coins, and nuggets for long-term holding.
2. Wholesale Distribution: Access factory-direct gold and jewelry for resale.
3. Jewelry Manufacturing Ventures: Partner with Wenzhou and Shaoxing artisans for custom designs.
4. Refining Partnerships: Collaborate with local refineries for certified bullion production.
5. Industrial Gold Supply: Supply refined gold for electronics, medical devices, and precision industries.

Security and Authenticity Tips

• Buy only from licensed, certified dealers
• Verify assay certificates, serial numbers, and certificates of origin
• Use insured shipping and secure payment methods
• Consider third-party verification for bulk purchases
• Keep all transaction and export documentation for compliance and resale

Storage Options

Buyers in Zhejiang can store gold in:

• SGE-accredited vaults in Hangzhou and Ningbo
• Private security facilities with 24/7 monitoring
• Bank deposit boxes for insured storage

All facilities offer temperature control, high-security, and full insurance coverage.

The Future of Gold Trade in Zhejiang

Zhejiang’s gold sector is poised for growth due to:

• Integration of digital trading platforms and blockchain traceability
• Expansion of export-ready refining facilities
• Growth of luxury jewelry exports and artisanal gold products
• Strengthened partnerships with international buyers from Africa, the Middle East, and Europe

Zhejiang offers a secure, reliable, and profitable environment for global gold buyers and investors.

Conclusion

Buying gold from Zhejiang Province provides access to certified 24K bullion, high-quality jewelry, and raw gold products under strict national and international standards. Cities like Hangzhou, Ningbo, Wenzhou, and Shaoxing form a comprehensive gold ecosystem, combining refining, manufacturing, and export capabilities.

Whether for investment, resale, or jewelry production, Zhejiang ensures buyers receive authentic, high-purity gold with secure global shipping options, making it an essential hub for the international gold market.