Core Viewpoint - The international gold price has experienced significant fluctuations in October, with a recent recovery above the $4000 per ounce mark after a brief dip below it. This volatility has influenced domestic gold prices, leading to increased consumer interest in gold purchases [4][6]. Price Movements - As of October 31, COMEX gold futures rose to $4022.6 per ounce, up 0.16%, while spot gold was reported at $4006.46, down 0.45% [1][3]. - The gold price saw a dramatic rise from around $3300 per ounce at the beginning of the year to a peak of $4381.21 on October 20, followed by a drop below $3900 [4]. - In October, gold prices increased over 10% in 20 consecutive days, with significant daily gains recorded [4]. Domestic Market Impact - Domestic gold jewelry prices have also fluctuated, with brands like Chow Sang Sang and Lao Feng Xiang seeing their prices rise to 1203 RMB and 1200 RMB per gram, respectively, reflecting increases of 28 RMB and 17 RMB from the previous day [3][5]. - The price of gold jewelry has decreased from a high of 1294 RMB per gram to below 1200 RMB [5]. Investment Trends - There has been a noticeable increase in consumer inquiries and purchases of gold as prices rise, indicating a shift in investment interest towards gold [4]. - Industry experts express cautious optimism regarding gold price trends, citing ongoing global investment interest and central bank purchases as key drivers, despite acknowledging the risks of short-term volatility [6]. Demand Insights - According to the World Gold Council's report, global gold demand reached a record high of 1313 tons in Q3 2023, with investment demand surging by 47% year-on-year [6].
半两财经｜国际金价连跌态势被打破 国内部分金饰克价重回1200元
Sou Hu Cai Jing·2025-10-31 09:18