Beijing Caishikou Department Store (SH:605599) Mei Ri Jing Ji Xin Wen·2026-02-03 06:29Group 1 - The core point of the article highlights the significant volatility in the spot gold prices, which surged to a high of $5,598.75 per ounce on January 29, then dropped to $4,402.06 per ounce by February 2, marking a decline of 21.37% within three days. As of February 3, the price rebounded to $4,815 per ounce, reflecting an increase of approximately 3.36% [1][2][14]. Group 2 - In response to the fluctuating gold prices, many investors are opting to sell their gold bars or jewelry. A specific case is mentioned where an investor sold a 10-gram gold necklace shortly after purchase due to rapid price declines [3][5]. - The Beijing Cai Bai gold repurchase counter has seen a significant influx of customers, with reports of nearly 200 people queuing on February 2 for gold repurchase services [3][7]. - The repurchase price for gold bars at Cai Bai is set at approximately 1,060 yuan per gram, which is 3.8 yuan less than the investment base price, while the repurchase price for gold jewelry is 5 yuan less [7][8]. - Cai Bai has implemented a daily limit on gold repurchase volumes, with around 33 kilograms repurchased on February 1, and the service continues until the daily limit is reached [7][8]. - Despite the selling trend, there is also a notable increase in gold purchases, with many customers actively buying gold bars during this period of price fluctuation [8][10]. - Investors are divided on whether to sell or hold their gold, with some viewing the recent price drop as a technical correction rather than a cause for panic, while others are concerned about further declines and choose to liquidate their holdings [13][14].