Sou Hu Cai Jing·2025-08-12 07:54Group 1 - The core point of the news is the significant drop in gold prices, both internationally and in the domestic market, affecting various jewelry brands [1][3] - On August 12, the gold price per gram for different brands was reported as follows: Chow Sang Sang at 1010 RMB, Chow Tai Fook at 1008 RMB, Lao Miao at 1004 RMB, and Saturday's Luck at 988 RMB [1] - On August 11, international gold prices fell sharply, with a nearly 2.5% drop, marking the largest single-day decline in three months, closing at 3404.7 USD per ounce [3] Group 2 - The decline in international gold prices was influenced by U.S. President Trump's statement that "gold will not be subject to tariffs," which eased investor concerns [3] - Market expectations regarding U.S. inflation and its potential impact on the Federal Reserve's interest rate decisions contributed to the drop in gold prices [3] - The overall sentiment in the gold market is affected by concerns over rising prices due to U.S. tariff policies, which may lead to increased inflation [3]