国际金价震荡回落，黄金首饰价格重回“9字头”

Group 1 - Recent fluctuations in international gold prices have led to a decline, with spot gold dropping to $3,215.79 per ounce on May 13, down over 6% from the peak of $3,431.54 on May 6 [1] - Domestic gold jewelry prices have also decreased, with major brands like Chow Sang Sang and Chow Tai Fook reducing their prices to below 1,000 yuan per gram, reflecting a drop of over 30 yuan compared to previous highs [1] - Market analysts attribute the decline in gold prices to optimistic sentiments regarding the US-China trade agreement, which has reduced demand for traditional safe-haven assets [1] Group 2 - In the medium to long term, factors such as US tariff pressures, policy uncertainties, and geopolitical risks are expected to support gold prices despite recent declines [2] - The World Gold Council reported that gold jewelry demand in China fell to 125 tons in Q1, a 32% year-on-year decrease, while investment demand for gold bars and coins surged to 124 tons, marking a 48% quarter-on-quarter increase and a 12% year-on-year increase [2] - The overall spending on gold jewelry in China remained relatively stable at 84.1 billion yuan, although it experienced a 7% decline year-on-year, indicating a shift in consumer behavior towards smaller, more affordable gold products [2]