Workflow
彻底爆了!
Sou Hu Cai Jing·2025-10-09 15:00

Core Viewpoint - During the National Day and Mid-Autumn Festival holiday, international gold prices and domestic gold jewelry prices continued to rise, leading to a significant increase in A-share gold stocks on the first trading day after the holiday [1][5]. Price Trends - On October 9, the price of gold jewelry brands surged, with Chow Sang Sang's gold price reaching 1170 yuan per gram, an increase of 45 yuan compared to September 30 [3]. - Other brands such as Chow Tai Fook and Luk Fook also saw their gold prices rise to 1168 yuan per gram, up from 1123 yuan, while Lao Miao's gold price increased to 1160 yuan per gram, up 34 yuan [3][4]. Market Dynamics - Despite rising gold prices suppressing demand for gold jewelry, the consumption amount for gold jewelry reached a historical high in the first half of the year, with retail sales of gold and silver jewelry reaching 194.8 billion yuan, a growth of 11.3% [5]. - Various gold jewelry brands are seeking differentiated market positioning, moving away from price competition. Many brands have tightened discount strategies and emphasized unique craftsmanship and product features during sales [4]. Future Outlook - Analysts suggest that if the Federal Reserve further lowers interest rates and geopolitical tensions persist, gold prices may continue to rise. Predictions indicate that international gold prices could fluctuate between 3800 to 4100 dollars per ounce by the end of the year [6]. - Some institutions, like Bank of America, predict that gold prices could reach 4000 dollars this year, while UBS forecasts a potential long-term rise to 4200 dollars [6].