Core Insights - International gold prices ended a four-day decline, with domestic gold jewelry prices rising back to 1200 RMB per gram [1][4] - On October 30, the spot gold price in New York rose by 2.37% to 4023.00 USD per ounce, showing a continuous upward trend throughout the day [1] - On October 31, spot gold briefly fell below 4000 USD per ounce [2] Price Movements - Domestic gold jewelry prices saw significant increases, with brands like Chow Sang Sang priced at 1203 RMB per gram (up 28 RMB), Lao Feng Xiang at 1200 RMB (up 17 RMB), and Lao Miao Gold at 1192 RMB (up 20 RMB) [4] - The selling price for 24K gold jewelry is reported at 1203 RMB per gram, while the exchange price for gold is 1048 RMB [5] Market Analysis - Analysts from Dahua Bank indicated that despite recent price corrections, the long-term positive fundamentals for gold remain intact, driven by central bank purchases and investor demand for diversification amid increasing de-dollarization narratives [7] - The outlook for the gold market suggests continued support from factors such as tariff policy uncertainties, ongoing U.S. government shutdown, and expectations of central bank gold purchases, leading to a wide-ranging fluctuation pattern in precious metals [7]
一夜涨回1200元！
Sou Hu Cai Jing·2025-11-01 01:00