黄金飙升背后：几十块钱的假金子被年轻人买疯了

Group 1 - The gold market is experiencing another "crazy moment" since 2020, with gold prices reaching historical highs [1][3] - On September 16, 2023, spot gold prices peaked at $3689.56 per ounce, marking a new record [3] - As international gold prices surge, the prices of branded gold jewelry have also increased significantly, with brands like Chow Sang Sang and Luk Fook Jewelry seeing prices rise to 1087 RMB per gram [4][5] Group 2 - Economist Guan Qingyou believes the current gold market is in the "third bull market since the 1970s," and this bull market is not over yet [7] - Data from Crescat Capital indicates that, excluding the Federal Reserve, the proportion of gold in global central bank reserves has surpassed that of U.S. Treasury bonds for the first time since 1996 [7] - The World Gold Council predicts that gold prices may rise by 15% in the second half of 2025, with analysts warning of a potential 5%-6% healthy correction, but the long-term bull market remains solid [7] Group 3 - A trend has emerged among young people purchasing "sand gold," which is not real gold but an alloy that resembles gold and is much cheaper [8][27] - This trend reflects a more pragmatic approach among young consumers, who are constrained by budgets and are seeking affordable alternatives [27] - Investigations have revealed that some sand gold jewelry has excessive nickel release, posing health risks, and some sellers mislead consumers by falsely labeling products as genuine gold [27] Group 4 - Guan Qingyou advises against buying gold at current high prices, suggesting that investors should wait for a price drop before making purchases [28] - He emphasizes that selecting the right buying point during high price cycles is crucial for investment success [28]