Xinyuan Golden Store bought a 18K gold bracelet, and it took 1.500 yuan in 2.83 grams. Is it a lot of expensive buying?

Xinyuan Golden Store bought a 18K gold bracelet, and it took 1.500 yuan at 2.83 grams. Did you buy a lot of Xinyuan Golden Stores and bought a 18K gold bracelet? 2.83 grams spent 1500 yuan.