China National Gold (SH:600916) Sou Hu Cai Jing·2025-07-14 02:45Core Insights - On July 10, 2025, the global gold market experienced slight fluctuations, with retail prices from various brands showing minor declines, attracting attention from investors and consumers [1] Group 1: Shanghai Gold Exchange - The latest price for RMB gold at the Shanghai Gold Exchange was 766.39 yuan per gram, down by 5.12 yuan, a decrease of 0.664% from the previous trading day [2] - Gold prices fluctuated between 762.15 yuan and 771.00 yuan, indicating cautious investor sentiment [2] - Specific contract performances included: - Gold 9999: 763.3 yuan, down 1.06% [3] - Gold 9995: 763 yuan, down 1.17% [4] - Gold 100g: 764 yuan, down 1.11% [5] - mAuT D: 763.38 yuan, down 1.06% [7] - Gold T D: 763.05 yuan, down 1.01% [8] Group 2: Wholesale Market Insights - In the Shui Bei gold wholesale market, prices varied based on purity: - 999 gold: 777 yuan per gram [9] - 999.9 gold: 778 yuan per gram [10] - 999.99 gold: 779 yuan per gram [11] - Other gold types included: - Ancient method gold: 778 yuan per gram [12] - 5G gold: 778 yuan per gram [12] - 3D hard gold: 777 yuan per gram [13] - Gold bars: 777 yuan per gram [14] - Platinum was priced at 353 yuan per gram, and 18k gold at 587 yuan per gram, with additional processing fees ranging from 10 to 35 yuan per gram [14] Group 3: Retail Price Adjustments - Major retail brands saw slight price reductions in gold jewelry, with prices ranging from 788 yuan to 999 yuan per gram (excluding processing fees) [15] - Specific brand prices included: - Chow Sang Sang: 999 yuan, down 8 yuan [16] - Chow Tai Fook, Luk Fook, and others: 998 yuan, down 7 yuan [17] - Lao Feng Xiang: 998 yuan, down 6 yuan [18] - Lao Miao Gold: 995 yuan, down 5 yuan [19] - Zhou Liu Fu: 978 yuan, down 7 yuan [20] - Consumers should consider brand premiums, design, and after-sales service when purchasing gold jewelry [21] Group 4: Bank Gold Bar Prices - Bank gold bar prices showed slight variations: - Industrial and Commercial Bank: 781.62 yuan per gram [23] - China Construction Bank: 779.40 yuan per gram [24] - Bank of China: 777.62 yuan per gram [25] - Agricultural Bank: 784.40 yuan per gram [26] Group 5: Investment Recommendations - The gold market on July 10, 2025, showed slight fluctuations, with active trading at the Shanghai Gold Exchange and stable prices in the Shui Bei wholesale market [28] - Gold is viewed as an important asset allocation tool with hedging and preservation functions, but it is not a guaranteed profit investment [28] - Suggested investment tools include: - Physical gold: Suitable for long-term preservation [29] - Gold ETFs: Convenient for general investors [30] - Gold mining stocks: Higher risk but potential for greater returns [31]