Nan Fang Du Shi Bao·2025-10-20 09:15Group 1 - International and domestic gold prices have recently surpassed $4,300 per ounce and ¥1,000 per gram, respectively, setting new historical records, which has led to significant price increases in gold jewelry, approaching ¥1,300 per gram [2] - Chow Tai Fook Jewelry and Lao Pu Gold have announced price increase forecasts, with Chow Tai Fook expecting a price hike of 12% to 18% [2][4] - As of October 20, the price of Chow Tai Fook's gold jewelry was ¥1,262 per gram, reflecting an increase of over ¥130 compared to October 1 [2][3] Group 2 - Chow Tai Fook Jewelry Group confirmed a price increase planned for the end of October, citing the impact of rising gold prices on costs, with most products expected to see a price increase of 12% to 18% [4] - The group has mechanisms in place to monitor gold price fluctuations closely and will adjust prices accordingly to respond to market changes [4] - In the three months ending September 30, 2025, Chow Tai Fook reported a retail value increase of 4.1% year-on-year, with a 3% increase in mainland China and an 11.4% increase in Hong Kong, Macau, and other markets [6] Group 3 - Lao Pu Gold announced a price adjustment set for October 26, with the specific adjustment range to be determined by actual prices in stores [9] - The company reported a significant increase in sales performance, with a revenue of ¥14.18 billion for the first half of the year, a year-on-year increase of 249%, and an adjusted net profit of ¥2.35 billion, up 291% [9] - Lao Pu Gold implemented a "limited purchase" strategy prior to the price increase to manage customer flow and demand, allowing each customer to purchase limited quantities of products [11]