Text/TT
Editor/Connie Sharing
Preface
With the continuous rise of the international gold price, the domestic retail price of gold has reached a new high.
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On May 18, a clerk at a Chow Sang Sang shop revealed that the price of pure gold jewelry in the store reached 740 yuan per gram, up 12 yuan from the previous day.
This sharp increase in prices reflects the trend of the international gold price.
Not only Chow Sang Sang, but also other well-known gold jewellery brands such as Chow Tai Fook, Luk Fook Jewellery and Chiu Wang Kei also saw a significant increase in the price of pure gold jewellery on the same day.
It is understood that the price of pure gold of these brands has generally increased by 11 to 12 yuan per gram.
Industry insiders pointed out that the continuous rise in international gold prices is the main reason for the sharp increase in domestic gold retail prices.
This wave of gold price rise has aroused great concern from consumers and investors.
Some consumers are starting to worry that the price of gold jewellery will continue to rise, while investors are more interested in the value of gold as a safe-haven asset.
At the same time, competition in the gold retail market is intensifying, with brands offering promotions to attract consumers.
It remains to be seen how the turbulence in the domestic gold market, driven by international gold prices, will develop.
However, it is certain that the special status of gold as a precious metal makes its price changes often affect the nerves of the market.
This wave of price increases has undoubtedly brought new challenges and opportunities to the domestic gold market.
As soon as the topic was posted on the Internet, the comment area instantly exploded! Tens of thousands of comments poured in
Some of these netizens' comments are even more interesting and interesting, let's take a look
If you don't understand, what does the increase in gold mean?
My concept of gold is still stuck at 380 grams
Four years ago, I had too much cash in my hand, and my husband said that he would save 1 million gold, but I scolded him for being sick and didn't let him buy it
If I raise my price again, it will be back to my capital
When you envy its gains, it's not far from a pullback
Personal opinion
Recently, the price of gold has risen in a jaw-dropping manner. On May 18, at Chow Sang Sang's store, the clerk told pure gold jewelry to be quoted at 740 yuan per gram, an increase of 12 yuan from the previous day. It is also heard that the price of pure gold jewelry of Chow Tai Fook, Luk Fook Jewellery and Chao Hongji has also risen by 11-12 yuan overnight. Looking at these figures, I was amazed by the stable value of gold as an investment and surprised by the market volatility it brings.
Seeing the price of gold climbing, I began to re-examine the meaning of gold in life. Gold is not only a beautiful jewelry, but also a sound investment. The rise in the international gold price has directly led to the surge in domestic retail gold prices, behind which is the trend of increasing global economic uncertainty and investors seeking safe-haven assets. Gold has long shown its unique value as a safe-haven asset in times of economic turmoil.
The rise in gold prices this time is both a challenge and an opportunity. For those consumers who love gold jewelry, rising prices can undoubtedly be stressful. But on the other hand, the rise in gold prices is also a reward for its holders. If gold was bought earlier, now is the time to make a profit. This trend of rising prices not only reflects the value preservation characteristics of gold, but also makes people cherish every piece of gold jewelry in their hands more.
In the face of this price increase, smart consumers will be more rational about buying and investing in gold. Perhaps in the short term, people will buy less because of the rising price, but in the long run, gold is still a very sound investment option. As an individual, I would choose to start when the price is relatively stable, rather than blindly following the trend when the price is high. I believe that this attitude of rational consumption will also benefit more people.
Behind the rise in international gold prices is the complex changes in the global economic situation. Whether it is the turbulence of the international political situation or the uncertainty of economic policies, the volatility of gold prices is being promoted. As ordinary people, although we cannot directly affect the international gold price, we can make more informed consumption and investment decisions by paying attention to economic news and understanding market dynamics.
In the face of such market volatility, I think it's important to stay positive. The rise in gold prices certainly presents us with challenges, but it also presents opportunities for reflection and learning. Through this experience, I have learned more about the need to be rational in investment and consumption, to know how to avoid risks, and to be good at seizing opportunities.
It gives us a glimpse of the investment value of gold and reminds us to stay ascitivated and aware of economic dynamics. As long as we face it rationally and respond positively, we can find our own opportunities in this wave of gold price rises. In the future, no matter how the price of gold changes, I believe that maintaining a positive attitude and rational investment is the best strategy for us to cope with market changes.
#金饰价格再创新高#