Sou Hu Cai Jing·2025-06-25 06:05Core Viewpoint - The global gold market experienced a significant drop, with New York gold prices falling by $31.98 per ounce, closing at $3363.020, and London gold prices dropping by $18.67, closing at $3350.31, indicating a sharp market reaction and panic among investors and consumers [1][2] Price Movements - Domestic gold prices also fell, with a decrease of 3.24 yuan per gram, settling at 774.70 yuan, reflecting market fear despite a smaller decline compared to international prices [1] - Major jewelry brands like Chow Tai Fook and Lao Feng Xiang adjusted their gold jewelry prices to around 1012 yuan and 990 yuan per gram respectively, but these prices remain significantly lower than recent highs [1][4] - Platinum jewelry prices fluctuated, with Chow Tai Fook and Chow Sang Sang's platinum jewelry priced at approximately 525 yuan per gram, while Lao Feng Xiang and Lao Miao offered lower prices around 470 yuan [1][4] Recycling Market Impact - The pure gold recycling price dropped to 770 yuan per gram, with 22K and 18K gold recycling prices at 682 yuan and 555 yuan per gram respectively, leading to uncertainty for consumers holding old gold [3][8] Consumer Guidance - Consumers looking to purchase gold jewelry should consider that while base gold prices have decreased, retail price adjustments may lag, and additional costs could limit the actual price drop [6] - Investors planning to buy gold bars need to closely monitor market trends to determine if the current drop is a short-term fluctuation or a long-term trend, which could influence their buying decisions [6] Conclusion - The fluctuations in gold prices are influenced by various factors, necessitating that both investors and consumers stay informed and make rational decisions to avoid unnecessary financial losses [7]