地缘风险助推国际金价大涨，周生生定价黄金饰品涨价在即！

Core Viewpoint - The surge in gold prices, driven by geopolitical events, has led to a significant increase in consumer gold jewelry prices, reflecting a broader market trend of rising gold value supported by monetary easing and heightened risk aversion [2][10]. Group 1: Gold Price Movement - On January 5, 2026, gold prices opened sharply higher, reaching $4,422 per ounce, with a daily increase of 2.08% [2]. - The rise in gold prices is attributed to a concentrated release of market risk aversion, with institutions expressing optimism about gold's performance throughout the year [2][11]. Group 2: Consumer Impact - Due to the increase in international gold prices, the jewelry brand Chow Sang Sang will adjust prices for certain gold products starting January 6, with increases ranging from 200 to 1,500 yuan [5]. - The price adjustments will affect products such as charm beads and branded collaborations, indicating that these items are sensitive to fluctuations in international gold prices [5][8]. Group 3: Institutional Outlook - UBS Wealth Management has raised its gold price targets for March, June, and September 2026 from $4,500 to $5,000 per ounce, suggesting that gold could challenge $5,400 if financial or political risks escalate [11]. - The report highlights that the current rise in gold prices is driven by factors such as a weakening dollar, increased geopolitical tensions, and ongoing institutional uncertainty, with a projected global central bank gold net purchase of 950 tons in 2026 [11].