Core Insights - The price of gold has significantly increased, leading more consumers to invest in gold bars and coins [1][5] - China's gold consumption in the first half of 2025 was 505.205 tons, a year-on-year decrease of 3.54%, with jewelry consumption dropping by 26% [1] - The consumption of gold bars and coins rose to 264.242 tons, marking a year-on-year increase of 23.69% [1][5] Price Trends - The price of gold at Chow Tai Fook rose from approximately 800 RMB per gram at the beginning of January 2025 to around 1000 RMB per gram by the end of July 2025, an increase of 200 RMB per gram [1][2] - The average price of gold in the Shanghai Gold Exchange for the first half of 2025 was 725.28 RMB per gram, reflecting a year-on-year increase of 41.07% [11] Consumer Behavior - The decline in jewelry consumption is attributed to high gold prices, yet products with lower weight, strong design, and high added value remain popular [3] - The "old shop gold" brand, known for traditional handcrafted gold items, reported a sales performance of 14.3 billion RMB in the first half of 2025, a year-on-year increase of 252% [3] Investment Demand - Increased geopolitical tensions and economic uncertainty have heightened the appeal of gold as a safe-haven asset, resulting in a substantial rise in demand for gold bars and coins [5][11] - China increased its gold reserves by 18.97 tons by the end of June 2025, bringing the total reserves to 2298.55 tons [11]
金价猛涨!半年来金价涨了多少?
Sou Hu Cai Jing·2025-07-31 11:54