Domestic branded gold jewelry prices fall below 1200 yuan/gram, down approximately 1 over 100 months
BIBIBI
AT A GLANCE
Spot gold fell below 4000 USD per ounce, and multiple domestic gold jewelry prices were lowered.
Article
Domestic gold jewelry prices per gram fall below 1200 yuan, 1 months, down approximately 100 yuan
PANews October 24 reported that, according to Cailian Press, the spot gold price fell below 4000 USD per ounce, prompting domestic branded gold jewelry prices to decline. Lao Miao Gold quoted its pure gold jewelry at 1196 yuan/gram, down 12 yuan from the previous day; Chow Sang Sang quoted its pure gold jewelry at 1200 yuan/gram, down 6 yuan from the previous day; Chow Tai Fook quoted its pure gold jewelry at 1202 yuan/gram, down 6 yuan from the previous day; Lao Feng Xiang quoted its pure gold jewelry at 1206 yuan/gram, down 6 yuan from the previous day. Previously,September 24 domestic branded gold jewelry prices per gram were generally around 1300 yuan/gram. 1 months, gold jewelry prices have fallen by approximately 100 yuan.
The spot gold price fell below 4000 USD per ounce.
02
Lao Miao Gold quoted its pure gold jewelry at 1196 yuan/gram, down 12 yuan from the previous day.
03
Chow Sang Sang quoted its pure gold jewelry at 1200 yuan/gram, down 6 yuan from the previous day.
04
Chow Tai Fook quoted its pure gold jewelry at 1202 yuan/gram, down 6 yuan from the previous day.
05
Lao Feng Xiang quoted its pure gold jewelry at 1206 yuan/gram, down 6 yuan from the previous day.
06
Previously,September 24 domestic branded gold jewelry prices per gram were generally around 1300 yuan/gram; 1 over 100 months, gold jewelry prices have fallen by approximately yuan.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Gold jewelry is priced by weight. The report shows that, following the decline in spot gold, pure gold jewelry quotes from multiple domestic brands also fell to around 1200 yuan/gram.
Why it matters to readers
The reduction in gold jewelry retail prices indicates that the reported decline in gold prices has been reflected in some retail quotes.
If you are considering buying gold jewelry, compare brand quotes, per-gram prices, and daily changes; prices may continue to fluctuate.
Risks and unknowns
The report cites Cailian Press and does not provide broader market data.
This evidence alone cannot determine whether gold jewelry prices will continue to fall or rebound.
The evidence does not describe the performance of all domestic brands or the entire precious metals market.
Related Developments
Loading event timeline…
Related concepts
Spot gold
This term is not in the glossary yet. Browse related concepts in the glossary.
