Group 1 - On May 12, international gold prices experienced significant declines, with London gold prices dropping below $3,225 per ounce, a stark contrast to the previous month's peak of over $3,500 per ounce [1] - Domestic gold prices also fell, with Shanghai Gold Exchange's Au9999 gold price decreasing by 26.5 yuan to 759 yuan per gram, and gold-related stocks in the A-share market collectively declining [1] - The sales of gold jewelry surged during the recent holiday period, with a reported increase of over 53% in sales of gold jewelry and a 50% rise in investment gold bars compared to the previous year [2] Group 2 - The recent decline in gold prices is attributed to progress in US-China trade talks, which has reduced market risk aversion, leading to price adjustments [5] - As of April, China's gold reserves increased to 73.77 million ounces, marking a continuous six-month increase, with a total growth of nearly 100 million ounces over the past six months [9] - Analysts suggest that despite the recent drop, gold prices are expected to trend upwards in the future, and recommend a gradual investment strategy to capitalize on potential price rebounds [10]