Core Viewpoint - Chow Tai Fook plans to raise retail prices for gold products by 12%-18% at the end of October due to the continuous increase in gold prices affecting costs [1] Group 1: Price Adjustment - Chow Tai Fook will implement a price increase for gold products, with most products seeing a price hike of 12%-18% [1] - This marks the second price increase for Chow Tai Fook's products this year, following a previous adjustment of 10%-20% in March [1] Group 2: Market Response - As of October 20, several key products on Chow Tai Fook's Tmall flagship store were either sold out or taken down, indicating a preemptive response from consumers to the anticipated price increase [1] - Many customers are reportedly purchasing products before the price hike, leading to shortages of popular items like the "Five Emperors Money Gold Bracelet" [1] Group 3: Gold Price Trends - The price of gold has risen significantly this year, from 836 RMB per gram to 1262 RMB per gram, representing an increase of nearly 51% within less than a year [2]
“一口价”今日涨价?周大福:10月底预计提价12%-18%