Core Viewpoint - The recent announcement of tax policies related to gold by the Ministry of Finance and the State Administration of Taxation has led to significant changes in the gold market, particularly in Shenzhen's Shui Bei market, where pricing has adjusted to reflect new tax implications [1][6]. Group 1: Market Reactions - Following the implementation of the new tax policy, gold jewelry prices in the Shui Bei market have increased, with prices reported at 1,099 yuan per gram, which includes tax, compared to the domestic gold price of approximately 966 yuan per gram [2][4]. - Initially, there was a period of pricing confusion in the Shui Bei market, but prices have since stabilized, with major trading centers reporting similar pricing around 1,097 to 1,098 yuan per gram [2][4]. - The increase in gold prices has led to a noticeable decline in customer transactions, as many consumers are adopting a wait-and-see approach [4]. Group 2: Industry Implications - The new tax policy is expected to have a significant impact on the gold jewelry industry, exacerbating existing challenges faced by jewelers, particularly in attracting younger consumers in a high gold price environment [6]. - The widening gap between the purchase price and the repurchase price of gold jewelry may reduce the incentive for consumers to sell back their gold, potentially affecting overall market liquidity [6]. - Industry experts suggest that to navigate the changes brought by the new tax policy, companies will need to enhance product value through creative design and improved craftsmanship [6].
再探深圳水贝市场:黄金税收新规下 金饰定价逐渐“清晰”
Zheng Quan Shi Bao·2025-11-11 15:40