现货黄金突破5200美元/盎司大关后，盘中再度突破5220美元/盎司关口，现报5205.84美元/盎司。 编辑丨瑜见 | 代码 | | 现价 | 涨跌幅 ▼ | 涨跌 | 换手率 | | --- | --- | --- | --- | --- | --- | | 300945 | 曼卡龙 | 22.72 | 10.34% | 2.13 | 10.95% | | 600916 | 中国黄金 | 12.27 | 10.04% | 1.12 | 1.58% | | 603900 | 莱绅通灵 | 10.53 | 10.03% | 0.96 | 10.14% | | 600655 | 豫园股份 | 5.82 | 10.02% | 0.53 | 1.04% | | 000506 | 招金黄金 | 25.93 | 10.01% | 2.36 | 7.07% | | 001337 | 四川黄金 | 66.86 | 10.00% | 6.08 | 7.92% | | 002155 湖南黄金 | | 30.58 | 10.00% | 2.78 | 0.15% | | 601069 西部黄金 | | 44.26 | 9.99% ...

现货黄金突破5200 美元/盎司 大关后，盘中再度突破5220美元/盎司关口，现报5205.84 美元/盎司。 编辑丨瑜见 1月28日，黄金股再掀涨停潮，截至发稿，中国黄金、招金黄金、四川黄金、湖南黄金等多股涨停。 | 代码 | 名称 | 现价 | 涨跌幅 ▼ | 涨跌 | 换手率 | | --- | --- | --- | --- | --- | --- | | 300945 | 曼卡龙 | 22.72 | 10.34% | 2.13 | 10.95% | | 600916 中国黄金 | | 12.27 | 10.04% | 1.12 | 1.58% | | 603900 | 莱细通灵 | 10.53 | 10.03% | 0.96 | 10.14% | | 600655 | 豫国股份 | 5.82 | 10.02% | 0.53 | 1.04% | | 000506 招金黄金 | | 25.93 | 10.01% | 2.36 | 7.07% | | 001337 四川黄金 | | 66.86 | 10.00% | 6.08 | 7.92% | | 002155 | 湖南黄金 | 30.58 | 10.0 ...

Core Viewpoint - The gold market is exhibiting a complex behavior at historical highs, with international gold prices stabilizing around $5088 per ounce after a rapid surge past $5100, indicating a mix of enthusiasm and caution among market participants [1] Historical Context and Comparison - The current market conditions bear resemblance to 2015, which was a year of bottoming out in a prolonged bear market for gold, where prices fell to a low of $1049 per ounce, marking a decline of over 10% for the year [2] - Today's gold prices are oscillating between $5080 and $5126 per ounce, reflecting a short-term correction after a significant increase of over 17% since the beginning of the year, similar to the market state observed at the end of 2015 before a long-term uptrend began [2] Domestic Gold Price Trends - Domestic gold prices have followed international trends, with the Shanghai Gold Exchange's Au99.99 spot price hovering around 1140 yuan per gram, indicating a shift from a sharp upward trend to a more stable oscillation [2] - The current market shows a coexistence of "high-level correction pressure" and "strong support from below," requiring time for the market to find clarity [2] Retail Pricing Insights - Retail prices in national brand gold stores reflect a significant disparity, showcasing the separation of pure consumption and investment attributes [3] - In Shenzhen's wholesale market, the price for 999 gold is approximately 1296 yuan per gram, contrasting sharply with retail prices in major cities, where brands like Chow Tai Fook and Lao Feng Xiang are priced around 1578 yuan per gram [3][4] - The mainstream price range for popular brand jewelry is currently between 1570 and 1580 yuan per gram, with some brands like China Gold reaching up to 1586 yuan per gram [6] Gold Recycling Prices - The national average recycling price for 999 gold is approximately 1123 to 1126 yuan per gram, with minimal variation across different recycling channels [7] - The recycling price for Au916 (22K gold) is around 994 yuan per gram, while Au750 (18K gold) is priced at approximately 819 yuan per gram [8][9] - The significant price difference of over 450 yuan per gram between retail prices and recycling prices highlights the premium nature of gold jewelry as a consumer product [11]

2026年1月25日，国内金价出现回落迹象：上金所Au9999报1114元/克、沪金期货1121元/克、中国黄金基础价1107元/克均偏弱运行；银行金条约1132元/克跟 随下跌，金饰克价维持1271—1548元区间，周大福/六福/老凤祥1553元/克、周生生1551元/克。 一、品牌金价与铂金报价 从零售端看，多数品牌足金报价仍集中在1551—1553元/克：周大福、谢瑞麟、老凤祥、老庙、周大生、潮宏基等为1553元/克，周生生与六福分别在1551— 1553元/克附近；水贝报价相对低，黄金约1274元/克，菜百约1498元/克，中国黄金高位约1562元/克。 铂金方面品牌差异更明显：水贝约667元/克，菜百与中国黄金约800元/克，老凤祥与老庙约950元/克，部分品牌铂金报价可到1102—1148元/克。 零售端对下跌并不敏感，原因在于工费、渠道与品牌溢价具有黏性，当原料端走弱时，金饰往往先"挺价"，随后才通过活动、工费调整或调价来消化回落。 二、黄金基准价偏弱 交易端与基准端显示出"弱中有弹"的特征：Au9999报1114元/克，期货约1121元/克，基础金价约1107元/克，与前期高位相比回落更明显， ...

黄金的"狂飙"还在持续。 1月26日，伦敦现货黄金再创下历史性突破，盘中触及5111.17美元/盎司，首次站上5000美元/盎司心理大关。不过，随后市场进入剧烈波动，一度跌破5000 美元/盎司。1月27日现货黄金继续在5090美元/盎司的高位附近交投。 截至发稿，伦敦金现报5090.78美元/盎司，日内涨1.61%，年初至今涨幅已超17%；COMEX黄金报5089.4美元/盎司，涨0.14%，年初至今涨幅也超17%。 | | 国际贵金属 | | --- | --- | | 名称 | 现价 涨跌 涨跌幅 年初至今 | | 伦敦金现 | 80.790 1.61% 17.89% 5090.780 | | 伦敦银现 | 112.586 8.712 8.39% 57.29% | | COMEX黄金 | 5089.4d 6.9 0.14% 17.48% | | COMEX白银 | 112.515d -2.989 -2.59% 58.52% | 国内金饰价格迅速跟进，1月27日，主流品牌足金价格不少超过1580元/克，周大福、周大生、潮宏基足金饰品价格更是升至1585元/克。 据央视新闻报道，当地时间1月26日，美国总统 ...

Core Viewpoint - The rising international gold prices have led to a shift in consumer behavior from "buying gold" to "how to buy gold to retain value" as domestic gold jewelry prices approach 1600 yuan per gram [1] Group 1: Market Trends - Since 2026, international gold prices have been on the rise, pushing domestic gold jewelry prices up to around 1580 yuan per gram, an increase of over 200 yuan per gram from approximately 1360 yuan per gram at the beginning of 2026, and nearly 100% higher than the 800 yuan per gram at the start of 2025 [1] - The retail sales of gold and silver jewelry in China reached 373.6 billion yuan in 2025, a year-on-year increase of 12.8%, primarily driven by rising gold prices, indicating underlying sales pressure when excluding price factors [1] Group 2: Consumer Behavior - The demand for gold jewelry in China fell to 84 tons in Q3 2025, a year-on-year decrease of 18%, marking the weakest performance for a third quarter since 2007 [2] - Major gold retailers like China Gold are facing significant profit declines, with expected net profits for 2025 projected between 286 million to 368 million yuan, a decrease of 55% to 65% year-on-year due to market pressures [2] Group 3: Promotional Strategies - Gold retailers are employing various promotional strategies such as "gram reduction discounts," "waiving processing fees," and "points redemption" to mitigate the impact of high gold prices on consumer purchases [3] - The "old for new" model is gaining popularity, with approximately 20% of gold jewelry consumption in China now attributed to this practice, allowing consumers to trade in old gold for new pieces at a lower cost [4][5] Group 4: Industry Challenges - Retailers are facing multiple pressures including rising raw material costs, declining consumer demand for jewelry, and cash flow challenges due to high inventory costs [2][6] - The "old for new" model not only helps alleviate the impact of high gold prices but also aligns with green consumption trends, promoting the recycling of gold resources [5] Group 5: Investment vs. Consumption - The boundaries between gold investment and consumption are becoming increasingly blurred, with retailers seeking to balance these aspects amid high gold prices [7] - The emotional and symbolic value of gold is being emphasized, particularly by brands like Lao Pu Gold, which have successfully transformed gold jewelry into a composite product that reflects cultural confidence and individual expression [8]

Market Overview - The jewelry sector experienced a decline of 1.06% on January 27, with Chao Hong Ji leading the drop [1] - The Shanghai Composite Index closed at 4139.9, up 0.18%, while the Shenzhen Component Index closed at 14329.91, up 0.09% [1] Individual Stock Performance - China Gold (600916) saw a significant increase of 9.96%, closing at 11.15 with a trading volume of 2.4225 million shares and a turnover of 2.658 billion [1] - Other notable performers included Man Ka Long (300945) with a rise of 1.88% and a turnover of 1.07 billion, while several stocks like ST Xin Hua Jin (600735) and Ming Pai Jewelry (002574) experienced declines of 1.32% and 1.34% respectively [1] - Chao Hong Mu (002345) led the declines in the sector with a drop of 4.88%, closing at 14.03 with a turnover of 407 million [2] Capital Flow Analysis - The jewelry sector saw a net outflow of 205 million from main funds, while retail investors contributed a net inflow of 1.95 billion [2] - The main funds showed a negative net flow in several stocks, including Chao Hong Mu and Jin Yi Culture, indicating a shift in investor sentiment [3] - Retail investors were more active in stocks like Fei Ya Da (000026) and Jin Yi Culture (002721), with significant net inflows [3]

| 今日金店黄金回收价格一览(2026年1月27日) | | | | --- | --- | --- | | 回收报价 | 今日金价 | 单位 | | 黄金 | 1129.40 | 元/克 | | 菜百黄金 | 1165.60 | 元/克 | | 周生生黄金 1154.00 | | 元/克 | | 周大福黄金 1101.00 | | 元/克 | | 老凤祥黄金 1144. 45 | | 元/克 | 这边简单说一下铂金饰品价格，今日铂金价格出现大跌，就拿周大福来说吧，铂金饰品价格下跌67元/克，报1071元/克。如 需了解其他品牌铂金价格，欢迎留言，我们将及时汇总更新。 说完国内金店金价，我们再来讲讲国际金价情况： 继昨日的大涨后，今日各大品牌金店金价仍有上涨走势。从具体报价来看，周大福、潮宏基、周大生以1585元/克的报价并 列成为今日市场最高价。老庙黄金、老凤祥等品牌价格保持平稳。而菜百黄金报价1510元/克，依然为市场最低价。今日金 店高低价差已扩大至75元/克。 以下是各大品牌金店详细报价： | | | 今日金店黄金价格一览(2026年1月27日) | | | | --- | --- | --- | - ...

上海恒隆广场内，一家知名金店的玻璃柜台前挤满了人。手指划过手机屏幕查询实时金价的顾客，正与家人视频连线展示金饰的年轻人，还有反复掂量金条 重量的老者——这样的场景，在过去几周里已经成为中国各大城市高端商圈的常态。空气中弥漫着一种复杂的情绪：部分是对资产升值的喜悦，部分是错失 时机的焦虑，还有一部分则是面对历史新高的茫然。 1月26日，国际金价突破每盎司5000美元大关，如一道闪电划破全球金融市场。这一数字不仅是一个新的价格纪录，更是一面映照出我们这个时代经济焦 虑、文化转向与集体心理的镜子。从华尔街的交易终端到北京SKP的奢侈品店门口，一场围绕黄金的叙事正在被重新书写。 一、排队中的经济学：从奢侈品到硬通货的心理迁徙 二、避险逻辑之外的推力：央行、地缘与代际心理的共振 传统上，黄金被理解为避险资产：通胀上行、美元走弱、地缘冲突加剧时，投资者转向黄金寻求庇护。本轮金价飙升，固然有美联储降息预期、全球地缘政 治紧张等宏观背景支撑，但更深层的驱动力正变得多元而复杂。 央行是"沉默的巨鲸"。过去两年，全球央行以数十年来最快的速度增持黄金储备，尤其新兴市场国家，正试图通过黄金来分散以美元为主导的外汇储备风 险。这种战略 ...

各地品牌金店零售价 北京：周大福黄金首饰1553元/克，老凤祥1553元/克，菜百首饰1498元/克。 广州：六福珠宝黄金首饰1553元/克，周大生1553元/克，潮宏基1553元/克。 2026年01月26日，国内黄金市场呈现高位震荡态势，国际现货黄金每盎司价格达到4986.53美元，现货白银上涨7.34%至每盎司103.2美元，现货铂金上涨 5.19%至每盎司2767.4美元。国内主要品牌金店和投资渠道的黄金价格也出现明显波动，市场特征与2019年金价启动前的情况有诸多相似之处，投资者需密 切关注市场动态，理性决策。 深圳：周六福黄金首饰1537元/克，铂金饰品1071元/克，金条1432元/克；水贝黄金足金999每克1274元。 批发与投资渠道 深圳水贝足金999批发价：每克1274元，工费范围因款式和品牌不同，一般在10-50元/克之间。 上海：周生生黄金首饰1551元/克，老庙黄金1553元/克，中国黄金1498元/克。 其他银行金条：价格在1120.90元到1153.05元之间。 高赛尔金条：每克1126元，银条24.55元/克。 回收市场价格 全国足金999回收均价在380元到420元/克之间， ...