Bei Jing Shang Bao·2025-09-01 04:51Group 1 - Domestic gold jewelry prices have reached recent highs due to a continuous rise in international gold prices, which hit a historical peak [1] - On September 1, international spot gold opened high, with COMEX gold prices peaking at $3552.4 per ounce, surpassing the previous high of $3534.1 per ounce set in early August [1] - In the past week, spot gold prices increased by over $80 per ounce, with a rise of more than 2%, marking a new high in nearly four months [1] Group 2 - Major domestic brands have adjusted their gold jewelry prices, with Chow Tai Fook at 1027 yuan per gram, an increase of 18 yuan per gram over the week [1] - Other brands such as Lao Miao and Zhou Shengsheng also saw price increases, with Lao Miao at 1023 yuan per gram (up 16 yuan) and Zhou Shengsheng at 1025 yuan per gram (up 15 yuan) [1] - The price of gold bars and investment gold is reported at 909 yuan per gram and 903 yuan per gram respectively [3] Group 3 - Analysts from Bank of America attribute the rise in international gold prices to two main factors: the Federal Reserve's open stance on potential rate cuts and recent political events affecting the Fed's independence [5] - The market's expectation of a rate cut in September has significantly increased, contributing to gold prices remaining above $3400 per ounce [5] - Analysts predict that gold prices will continue to rise, potentially reaching $4000 per ounce by the first half of 2026, driven by inflation and the likelihood of rate cuts [5]