Group 1 - The core viewpoint of the article highlights a significant increase in gold prices, with domestic gold jewelry prices rising back to around 1200 yuan per gram after a period of decline [1] - On October 31, the gold price per gram for various brands was reported as follows: Chow Sang Sang at 1203 yuan (up 28 yuan from 1175 yuan), Lao Feng Xiang at 1200 yuan (up 17 yuan from 1183 yuan), and Lao Miao at 1193 yuan (up 14 yuan from 1179 yuan) [1] - This price increase marks the end of a four-day downward trend in gold prices for these brands [1] Group 2 - On October 30, COMEX gold futures prices rose by 2.45%, closing at 4038.3 USD per ounce, also ending a four-day decline [3]

Core Viewpoint - The article highlights the recent upward trend in gold prices, both in the spot market and futures, indicating a strong demand for gold as a safe-haven asset amid market fluctuations [1]. Group 1: Gold Market Performance - As of the close on October 30, the spot gold price rose by 2.37%, reaching $4023.00 per ounce, with a continuous upward movement throughout the day [1]. - On the morning of October 31, the spot gold price maintained its upward trend, increasing by 0.14% to $4030.145 per ounce, while COMEX gold futures rose by 0.86% [1]. Group 2: Domestic Gold Jewelry Pricing - The rise in gold prices has led to an increase in the retail price of gold jewelry in China, with certain brands seeing their per gram prices exceed 1200 yuan [1]. - Specifically, Chow Sang Sang's gold price reached 1203 yuan per gram, up by 28 yuan; Lao Feng Xiang's price was 1200 yuan, an increase of 17 yuan; and Lao Miao's price was 1192 yuan per gram, rising by 20 yuan [1].

Group 1 - The spot gold price has rebounded, reaching $4031.761 per ounce as of the report date [1] - Domestic gold jewelry prices have been adjusted, with Chow Sang Sang's gold jewelry priced at 1203 RMB per gram, an increase of 28 RMB per gram from the previous day [1] - Lao Miao's gold jewelry is now priced at 1192 RMB per gram, up 20 RMB per gram from the previous day [1] Group 2 - The price of 24K gold jewelry in Shanghai is reported at 1193 RMB per gram, while other products like platinum jewelry are priced at 560 RMB per gram and craft boxes at 1149 RMB per gram [4]

Core Insights - The current gold price of Chow Sang Sang is reported at 1199 CNY per gram, reflecting a 6.11% increase compared to the beginning of the month when it was 1130 CNY per gram [1][3] - The price is 90 CNY per gram lower than the highest price of the month and 70 CNY per gram higher than the lowest price, with an average price of 1200 CNY per gram for October [1][2] Price Statistics - Current price: 1199 CNY per gram [2] - Daily price change: -1.96% [2] - Highest price this month: 1289 CNY per gram [2] - Lowest price this month: 1129 CNY per gram [2] - Difference from highest price: -90 CNY [2] - Difference from lowest price: +70 CNY [2] - Average price for the month: 1200 CNY per gram [2]

Core Insights - International gold prices have declined, leading to adjustments in domestic gold jewelry retail prices [1] - Major brands such as Chow Tai Fook and Luk Fook have reduced their gold prices significantly [1][2] Price Adjustments - Chow Tai Fook's gold price is now set at 1198 CNY per gram, down by 25 CNY from the previous day [1] - Luk Fook's price has dropped to 1189 CNY per gram, a decrease of 34 CNY [1] - Other notable price changes include: - Lao Feng Xiang: 1202 CNY, down 18 CNY - Zhou Da Sheng: 1232 CNY, unchanged - Ya Yi Gold Store: 1192 CNY, down 28 CNY - Zhou Sheng Sheng: 1199 CNY, down 24 CNY - Lao Miao Gold: 1192 CNY, down 28 CNY [1][2] Brand Rankings - The ranking of gold jewelry prices among major brands is as follows: 1. Chow Tai Fook: 1198 CNY 2. Lao Feng Xiang: 1202 CNY 3. Zhou Da Sheng: 1232 CNY 4. Ya Yi Gold Store: 1192 CNY 5. Luk Fook: 1189 CNY 6. Zhou Sheng Sheng: 1199 CNY 7. Lao Miao Gold: 1192 CNY 8. Chao Hong Ji: 1223 CNY, unchanged 9. Cai Bai Jewelry: 1162 CNY, down 13 CNY 10. Xie Rui Lin: 1223 CNY, down 9 CNY [1][2]

Group 1 - Recent decline in gold prices has created mixed feelings among consumers, with buyers feeling relieved and sellers concerned [2][4] - As of October 26, various brands have different gold prices, with 周生生 at 1224 CNY/g, 六福珠宝 at 1232 CNY/g, and 中国黄金 at 1125 CNY/g, indicating a significant price variation among brands [2][5] - The overall trend shows a consistent decline in gold prices, influenced by factors such as international market conditions, USD exchange rates, and seasonal demand in China [4][5] Group 2 - The price differences among brands are attributed to brand premium, craftsmanship, and product types, with investment gold generally priced closer to raw material costs [5] - For consumers considering purchases, the current lower prices may present a good opportunity for buying jewelry, while investment decisions should be made with a long-term perspective [7] - Market psychology plays a crucial role in gold price fluctuations, with consumer behavior often driven by fear of missing out during price increases and hesitation during declines [7][10] Group 3 - Platinum prices are also noted, with significant differences compared to gold, but gold remains a more favorable option for value retention [9] - The recent price drop in gold does not indicate a loss of value but rather a market adjustment, presenting opportunities for consumers and challenges for investors [10]

Core Viewpoint - The gold prices for various brands have significantly dropped, with notable declines observed across multiple retailers on October 27. Price Summary - The price of gold jewelry from 周六福 (Chow Sang Sang) is now 1144 RMB per gram, down by 20 RMB from the previous day [1] - 周大福 (Chow Tai Fook) and 六福珠宝 (Luk Fook) both report a price of 1223 RMB per gram, with a decrease of 9 RMB [1][2] - 老凤祥 (Lao Feng Xiang) and 老庙黄金 (Lao Miao Gold) have their prices at 1220 RMB per gram, down by 8 RMB [1][3] - 菜百首饰 (Cai Bai Jewelry) maintains a price of 1172 RMB per gram, showing no change [3] - 周大生 (Chow Tai Sheng) holds steady at 1232 RMB per gram, with no price change [3]

Group 1 - The core point of the news is that southbound funds have been reducing their holdings in Chow Sang Sang Holdings International Limited (00116.HK), with a total net reduction of 69,000 shares over the last five trading days and 231,000 shares over the last twenty trading days [1][2] - As of October 24, 2025, southbound funds hold 7.59 million shares of Chow Sang Sang, which represents 1.12% of the company's total issued ordinary shares [1][2] - The recent trading data shows a consistent decrease in holdings, with specific reductions of 15,000 shares on October 24, 2,000 shares on October 20, and 1,000 shares on both October 17 and October 3 [2] Group 2 - Chow Sang Sang Holdings International Limited operates primarily in jewelry manufacturing and retail, with its business divided into four segments: jewelry manufacturing and retail, precious metals wholesale, securities and futures brokerage, and other related businesses [2] - The jewelry manufacturing and retail segment is responsible for the production and sale of jewelry, while the precious metals wholesale segment engages in the buying and selling of precious metals [2]

Core Viewpoint - Despite recent price fluctuations, gold prices have risen significantly this year, with a year-to-date increase of over 50% [1][4]. Gold Price Trends - As of October 22, 2023, the spot gold price was reported at $4046.97 per ounce, reflecting a decrease of 1.89% from the opening price [1]. - Domestic gold brands have seen significant price drops, with brands like Zhou Shiliu and Laomiao experiencing declines of 5.29% and 6.41%, respectively [2]. Consumer Behavior - The "old for new" gold exchange program has gained popularity, with many consumers, especially young and older women, participating in this trend to acquire new and valuable gold jewelry [4][6]. - Consumers are utilizing social media and e-commerce platforms to find discounts, with some reporting savings of up to 6000 yuan through "克减" (weight reduction) promotions [14]. Market Dynamics - Major gold retailers have announced price increases for gold jewelry, with typical price hikes exceeding 10% [4]. - The "免折旧" (no depreciation) policy for exchanging old gold has attracted consumers, allowing them to trade in old pieces without losing value [6]. Investment Considerations - The gold market is experiencing heightened interest, but there are warnings about potential investment risks, including scams related to gold leasing and virtual investments [17][18]. - Experts suggest that while the gold bull market may experience short-term fluctuations, the long-term fundamentals supporting gold prices remain intact, advising investors to adopt a cautious and strategic approach [18].

Core Viewpoint - The recent decline in gold prices is attributed to profit-taking by investors after a significant rise, influenced by expectations of further interest rate cuts by the Federal Reserve and a decrease in safe-haven demand [5][6]. Price Movements - On October 21, spot gold fell by 5.18%, closing at $4130.41 per ounce, marking the largest single-day drop in five years [3]. - As of October 22, spot gold was reported at $4109.697 per ounce, down 0.37%, while COMEX gold futures rose by 0.18% [1]. Market Reactions - The decline in gold prices has led to significant reductions in domestic gold jewelry prices, with notable drops in various brands: Lao Miao down by 83 RMB to 1211 RMB per gram, Chow Sang Sang down by 39 RMB to 1250 RMB per gram, and Lao Feng Xiang down by 61 RMB to 1229 RMB per gram [3]. Future Outlook - Analysts express mixed views on the future of gold prices, with some suggesting that the potential for further declines is greater than increases, depending on the behavior of high-net-worth investors in the West [6][7]. - HSBC forecasts that gold's upward momentum may continue until 2026, driven by strong central bank purchases and ongoing fiscal concerns in the U.S., with a target price of $5000 per ounce [7].