PRECIOUS METALS | Gold Jewelry Prices in China Decline, Some Fall Below 1,500 Yuan per Gram

Gold jewelry prices in China have continued to decline, with some brands experiencing significant reductions. According to Jin10, the price of gold jewelry in various Chinese stores has seen a noticeable drop, with some prices falling below 1,500 yuan per gram. Chow Sang Sang recorded the largest decrease, with prices dropping by 55 yuan per gram compared to the previous day. Other brands such as Chow Tai Fook, Luk Fook Jewelry, and Chow Tai Seng also saw a reduction of 48 yuan per gram. Meanwhile, Caibai Jewelry experienced a smaller decrease of 34 yuan per gram.