Core Viewpoint - International gold prices continue to rise, with spot gold surpassing $4,140 per ounce, marking an increase of over 3% this week [1][3]. Price Movements - Domestic gold jewelry prices have significantly increased by nearly 30 CNY per gram compared to yesterday, with some prices exceeding 1,300 CNY per gram, reaching new highs [3][5]. - Specific prices for gold jewelry include: Chow Tai Fook, Chow Sang Sang, and Chow Tai Sheng at 1,308 CNY per gram, while Lao Feng Xiang and Lao Miao gold jewelry are priced at 1,310 CNY per gram [5]. Market Dynamics - The high gold prices, combined with tax impacts, are expected to negatively affect gold sales, leading to an increase in gold exchange and remelting businesses [9]. - A local gold shop owner noted a rise in customers exchanging old jewelry for new pieces, indicating a shift in consumer behavior due to high gold prices [11][12]. Future Outlook - Since reaching a historical high of $4,380 per ounce in mid-October, gold has decreased by approximately 6%, but remains up over 56% for the year [14]. - Analysts suggest that the ongoing rise in gold prices is driven by a weaker dollar and geopolitical tensions, with expectations for continued growth in the coming year [14]. - Morgan Stanley predicts gold prices could reach $5,200 to $5,300 by the end of 2026, while Goldman Sachs has a more conservative estimate of $4,900 [16]. - The People's Bank of China reported an increase in gold reserves, continuing a trend of accumulation for the 12th consecutive month [16]. - The World Gold Council's report indicates that global central banks accelerated gold purchases in Q3, with a net purchase of 220 tons, reflecting a 28% increase from Q2 and a 10% year-on-year growth [16].
金价,爆了!最新预测:或将触及这个价格
Sou Hu Cai Jing·2025-11-11 16:01