Core Insights - The gold market in Shenzhen is experiencing unprecedented demand, with reports of long queues for purchasing gold, particularly gold bracelets, as prices surge to record highs [1][2] - On October 13, gold prices surpassed $4,130 per ounce, marking a more than 3% increase in a single day and nearly 60% rise year-to-date [1] - The wholesale price of gold in Shenzhen has reached 935 yuan per gram, while the buyback price is at 905 yuan per gram, indicating significant market activity [1] Group 1 - Retailers in Shenzhen's gold market are facing stock shortages due to high demand, with some stores selling out of gold bracelets and quickly replenishing their inventory [1] - Many retailers and customers are actively participating in buying and selling gold, with individuals like Ms. Liu selling gold bracelets at a substantial profit compared to their purchase price [1] - The volatility in gold prices has led to a booming market for gold sales, but it has also resulted in some businesses engaging in risky practices [1] Group 2 - Some gold traders in Shenzhen have faced operational issues not due to market pressures but because of a speculative pricing model that allows them to control large amounts of gold with minimal capital [2] - This model enables participants to leverage their investments significantly, with ratios as high as 30 to 80 times, akin to futures trading [2] - The Shenzhen Gold and Jewelry Industry Association has issued warnings regarding illegal gambling activities disguised as gold trading, leading to legal actions against several companies involved in non-physical gold betting [2]
金价飙升之下的水贝奇观 买卖黄金都排队 “对赌”商家被查处
Shen Zhen Shang Bao·2025-10-14 23:09