Huan Qiu Wang·2026-01-10 07:05Price Adjustments in Jewelry Industry - The price of the "Sheng Sheng You Xi" series pearl four-leaf clover necklace by Chow Sang Sang was raised to 136,000 yuan from 120,800 yuan, an increase of 15,200 yuan in just one day [1] - The necklace weighs 53.1 grams, resulting in a new price of 2,560 yuan per gram, and has seen an increase of nearly 100,000 yuan over the past year, and approximately 7 times over the last decade [8] - Chow Sang Sang's price adjustments are attributed to rising material costs, design fees, and patent fees due to the increase in gold prices [5] Market Trends and Future Projections - The international gold price has been on a significant upward trend, with February gold futures reaching $4,500.90 per ounce, reflecting a 0.90% increase [12] - Analysts predict that gold prices will continue to rise, with Goldman Sachs forecasting a price of $4,900 per ounce by 2026, driven by strong demand from central banks [13] - The World Gold Council's report outlines four potential scenarios for the gold market in 2026, ranging from a 5% decrease to a 30% increase in gold prices depending on economic conditions [14] Competitor Price Changes - Other brands, such as Chow Tai Fook, are also expected to raise prices, with some products seeing increases of nearly 20,000 yuan [10] - Store employees have confirmed that price adjustments will take effect on January 15, indicating a broader trend in the jewelry market [10]