LFX(SH:600612) Sou Hu Cai Jing·2025-09-29 16:45Core Viewpoint - The gold market is experiencing a price increase as the National Day holiday approaches, with several major jewelry brands raising their gold jewelry prices in response to rising international gold prices, which have increased by approximately 9% in September and over 40% year-to-date [1][5]. Price Trends - As of September 29, the price of 24K gold jewelry from various brands has risen, with Chow Sang Sang's gold jewelry priced at 1111 CNY per gram, an increase of 5 CNY from September 26 [1]. - Major brands like Chow Tai Fook, Luk Fook, and Lao Feng Xiang have maintained their prices at 1108 CNY per gram as of September 27 [1]. - The price of some gold jewelry products has exceeded 2000 CNY per gram due to the rising international gold prices [1]. Brand-Specific Price Adjustments - Chow Tai Fook confirmed that its "one-price" gold products will see price increases starting in October, with the exact adjustment details to be announced later [5]. - This marks the second price increase for Chow Tai Fook this year, following a previous adjustment of 10%-20% in March [6]. - Other brands, including Bao Lan and Lin Chao, have also raised their prices, with Bao Lan's average increase exceeding 15% starting September 28 [7]. - Lin Chao's price increase included a significant rise in the price of its zodiac pendant series, which saw a 40% increase from 1290 CNY to 1815 CNY per gram [9].