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当黄金成为谷子:情绪消费推高溢价 机构提示隐忧
Zhong Guo Zheng Quan Bao·2025-09-06 01:34

Core Viewpoint - The rise of "pain gold," a combination of anime, gaming IPs, and gold jewelry, is becoming popular among young consumers, seen as a more valuable alternative to traditional merchandise [1][2][5]. Group 1: Market Trends - "Pain gold" has gained traction on social media and is viewed as a new growth point for jewelers, reflecting a shift in consumer spending towards personal enjoyment and emotional value [1][5]. - The average price of "pain gold" ranges from 1800 to 2000 yuan per gram, significantly higher than the typical gold jewelry price of around 1000 yuan per gram, indicating a substantial premium for these products [5][6]. Group 2: Consumer Behavior - Young consumers are increasingly willing to pay for emotional and nostalgic value, often associating their purchases with personal interests and childhood memories [3][4]. - The trend is supported by a growing number of discussions on social media, with over 20,000 posts and nearly 3 million views related to "pain gold," primarily from consumers born in the 1990s and 2000s [3][5]. Group 3: Industry Insights - The jewelry industry is adapting to the changing preferences of younger consumers, who prioritize design, emotional connection, and social attributes in their purchases [4][9]. - The integration of IP with gold jewelry is seen as an innovative direction for the traditional jewelry market, although concerns about the sustainability of this trend exist due to the varying lifespans of popular IPs [6][9]. Group 4: Pricing and Investment Perspective - Analysts caution that the high premiums associated with "pain gold" may not be justified from an investment standpoint, suggesting that traditional gold bars or coins are more rational choices for value retention [1][6]. - The liquidity of "pain gold" is also questioned, as its resale value may only reflect the gold price rather than any additional IP value, making it less attractive for investment purposes [5][6].