国际黄金期货价格和现货价格20日均再创新高，一度突破每盎司4800美元。 在浙江省湖州市德清县乾元镇一家金店，店员展示黄金首饰。新华社发（倪立芳 摄） 现货黄金站上4800美元/盎司，多家品牌金饰价已逼近1500元，其中，周生生足金饰品报1495元/克，较1月20日1454元/克涨41元/克。老凤祥足 金饰品报1498元/克，较1月20日1456元/克涨42元/克。老庙黄金足金饰品报1493元/克，较1月20日1455元/克涨38元/克。 周大福官网金价 | 中国大陆金价(每克) | 英出 | | --- | --- | | 足金饰品 | ¥1495 | | 工艺金片 | ¥1312 | | 950铂金饰品 | ¥993 | | 生生金宝 | ¥1312 | | 金价资讯 | | 周生生官网金价 老庙黄金官网金价 此外，据得物App显示，以"老凤祥-投资金条"为例，5g价格近1个月内由成交均价5355元上涨至5875元，增幅明显。 1月20日 记者走访青岛某金店 | | 活等 | 1498 元/克 | | --- | --- | --- | | キ | (饰品、工艺品类) | | | 零售金价 | 工艺金章金 ...

国际黄金期货价格和现货价格20日均再创新高，一度突破每盎司4800美元。 在浙江省湖州市德清县乾元镇一家金店，店员展示黄金首饰。新华社发（倪立芳 摄） 现货黄金站上4800美元/盎司，多家品牌金饰价已逼近1500元，其中，周生生足金饰品报1495元/克，较1月20日1454元/克涨41元/克。老凤祥足金饰品报 1498元/克，较1月20日1456元/克涨42元/克。老庙黄金足金饰品报1493元/克，较1月20日1455元/克涨38元/克。 周大福官网金价 | 中国大陆金价(每克) | 卖出 | | --- | --- | | 足金饰品 | ¥1495 | | 工艺金片 | ¥1312 | | 950铂金饰品 | $993 | | 生生金宝 | ¥1312 | | 金价资讯 | | 周生生官网金价 | 名称 | 价格(人民币/克) | | --- | --- | | 足金饰品 | 1493.00 | | 铂金饰品 | 820.00 | | 工艺金条 | 1318.00 | 老庙黄金官网金价 此外，据得物App显示，以"老凤祥-投资金条"为例，5g价格近1个月内由成交均价5355元上涨至5875元，增幅明显。 豐 ...

现货黄金站上4800美元/盎司， 国内部分品牌金饰价突破1500元。 周生生官网发布数据显示，足金饰品报1495元/克，较1月20日1454元/克涨41元/克 。 | 周生生 | PROMESSA | MINTYGREEN | 周生生 (how Sang Sang EMPHASIS | MARCO BICEGO | 劳力士 | | --- | --- | --- | --- | --- | --- | | | | | | | 金价(人民币) | | 足金饰品(每克) | | | 卖出 | | ¥1495 | | | | | 换金价 | | ¥1272 | | | | | 换珠宝价 | | ¥1272 | | 工艺金片 (每克 ) | | | 卖出 | | ¥1312 | | 950铂金饰品 (每克 ) | | | 卖出 | | $993 | | | | | 换金价 | | ¥797 | | 生生金宝 (每克 ) | | | 卖出 | | ¥1312 | 老凤祥上海会员中心小程序发布数据显示，足金饰品报1498元/克，较1月20日1456元/克涨42元/克 。 老庙黄金官网发布数据显示，足金饰品报1493元/克 ...

Group 1 - The core point of the news is that spot gold prices have surged, reaching a new historical high of $4829.700 per ounce, with a 1.40% increase [1][2] - COMEX gold futures also saw an increase of nearly 1%, trading at $4810.3 per ounce [1][2] - Year-to-date, spot gold has risen over 11% [2] Group 2 - Domestic gold jewelry prices are on the rise, with multiple brands reporting prices above 1490 yuan per gram, marking a recent high [3] - Specific prices include Chow Sang Sang at 1495 yuan per gram, up 41 yuan; Lao Feng Xiang at 1498 yuan per gram, up 42 yuan; and Lao Miao Gold at 1493 yuan per gram, up 38 yuan [3] Group 3 - The recent surge in gold prices is attributed to heightened geopolitical risks related to Greenland, which has driven safe-haven demand for gold [9] - The significant rise in silver prices since December has also contributed to the upward movement in gold, with the gold-silver ratio dropping to around 50, a low not seen in 14 years [9] - Market analysts suggest that if geopolitical tensions ease, gold prices may face downward pressure, advising profit protection through strategic selling [8][9]

东吴期货21日早报称，近日贵金属震荡上行。一方面，美国宣称对欧洲国家加征关税，避险情绪再次升温利多贵金属；其次，鲍威尔遭到刑事起诉， 本质上看是美联储独立性再次遭到挑战，美元信用再遭打击；最后，波兰央行宣布增持黄金，另外丹麦养老基金决定抛售美债，都在一定程度上利好 黄金。后续重点关注美联储主席人选，美欧关税对峙，南美及格陵兰岛的地缘影响等。 现货黄金站上4800美元/盎司，多家品牌金饰价已逼近1500元，其中，周生生足金饰品报1495元/克，较1月20日1454元/克涨41元/克。老凤祥足金饰品 报1498元/克，较1月20日1456元/克涨42元/克。老庙黄金足金饰品报1493元/克，较1月20日1455元/克涨38元/克。 | E | 现货黄金(XAU) | 现货黄金(AU)<日线> | 叠加商品▼ < □ △ □ □ | K MA5:4688.727 MA10:4624.046 MA20:4514.517 MA40:4398.630 MA60:4288.542 | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 卖出 4 ...

智通财经APP获悉，中金发布研报称，基本维持老铺黄金(06181)2025年EPS预测26.8元，考虑公司销售 景气度延续，上调2026年EPS预测3%至36.9元，引入2027年EPS预测46.4元，当前股价对应17/13倍 2026/27年市盈率，维持跑赢行业评级。估值切换至2026年，维持目标价1079.06 港元不变，对应 26/20 倍 2026/27年市盈率，有58%的上行空间。 中金主要观点如下： 公司近况 2026年初以来老铺黄金延续良好的品牌势能和销售表现。随着春节、情人节等行业旺季来临，叠加金饰 行业的提价预期，该行预计公司有望继续实现良好的终端表现。 2026年初老铺黄金继续推出新品午马系列，有效结合中国传统文化元素与精致制作工艺。在公司品牌力 和产品力的加持下，该行预计元旦期间公司国内同店及整体销售分别实现双位数与三位数同比增长。全 年来看，该行预计2026年老铺黄金国内仍以门店优化为主，海外市场如日本、新加坡仍有拓店空间。公 司在经历了2024-2025年金价波动与经营环境变化后，管理能力进一步提升并积累了更为丰富的经验， 该行预计2026年毛利率具备进一步修复空间。 看好老铺黄金品 ...

平安证券发表研报，首次覆盖老铺黄金并给予"推荐"评级，老铺黄金正处于国内市场的高速发展阶段， 加之公司对海外市场的探索与拓展，公司营收及利润规模处于提升阶段，看好公司日益扩大的品牌影响 力。该行预计，老铺黄金2025至2027年公司整体营收分别为262亿元、353.7亿元及435亿元，按年增长 208%、35%、23%；归母净利润分别为38.2亿元、50.9亿元及62.8亿元，按年增159.1%、33.3%、 23.3%。 ...

【#多家品牌金饰克价逼近1500元#】现货黄金站上4800美元/盎司，多家品牌金饰价已逼近1500元，其 中，周生生足金饰品报1495元/克，较1月20日1454元/克涨41元/克。老凤祥足金饰品报1498元/克，较1 月20日1456元/克涨42元/克老庙黄金足金饰品报1493元/克，较1月20日1455元/克涨38元/克。#金价突破 4800美元# #黄金涨飞了# ...

Summary of Company and Industry Insights Company: Cai Bai Co., Ltd. (菜百股份) Key Points - **Strong Growth Performance**: Cai Bai Co., Ltd. has shown accelerated performance since Q4, primarily due to strong demand in Beijing's gold and jewelry market, benefits from tax reforms, and rising gold prices. [1] - **Retail Sales Growth**: From January to November, retail sales of gold and jewelry in Beijing increased by 40.5% year-on-year, with further acceleration noted. For the period from January to September, the year-on-year growth was 33.5%. During the New Year holiday, Cai Bai's average daily sales doubled compared to the previous year. [1] - **Future Earnings Projections**: The company is expected to achieve over 900 million in earnings for the year 2025, with a projected quarterly growth rate exceeding 50% in Q4. The gold bar business is anticipated to maintain high growth in Q1 2026, while the jewelry business is expected to recover steadily. [1] - **Wealth Effect and Market Demand**: The increase in gold bar sales over the past two years has been driven not only by rising gold prices but also by changes in asset allocation and financial needs. Gold bars are viewed as a liquid and high-potential asset, serving as a vehicle for wealth effect. [2] - **Online Sales Channels**: Currently, 93.1% of sales in external markets are conducted through online channels, predominantly in the form of gold bars. This indicates significant opportunities for future expansion in external markets. [2] - **Valuation and Dividend Yield**: The company is considered undervalued with a high dividend yield. For 2026, a conservative estimate suggests a 15%-20% growth in earnings, corresponding to a profit of 1.05 billion. The projected dividend yield is 5.9%, with a valuation of 13 times earnings, indicating strong cost-effectiveness and continued recommendation for investment. [2]

Summary of Conference Call Notes Company Overview - The conference call discusses **Cai Bai Co., Ltd.**, a company operating in the gold retail industry, particularly focusing on gold bars and jewelry sales. Key Points and Arguments Q4 Performance Expectations - For Q4 2025, gold bar sales are expected to potentially double, while jewelry sales are projected to continue double-digit growth. Profit growth is anticipated to reach a quarterly high, estimated at nearly **50%** [1][1][1]. - There is a potential catalyst for performance in January due to an earnings forecast announcement [1]. Impact of New Policies - Following the new tax policy implemented in November, Cai Bai's stores, which are directly operated and members of the Shanghai Stock Exchange, benefit from a gold bar tax rate that is approximately **7% lower** than competitors [1][1][1]. - Sales of gold bars have significantly improved since November [1]. Customer Engagement Strategies - A points reward program launched in December has successfully increased customer traffic to stores [1]. Jewelry Sales Trends - The trend for jewelry sales is expected to improve starting from the end of Q1 2025. The demand for investment gold is stronger during periods of rising gold prices, while stable gold prices favor higher jewelry sales [1][1][1]. Consumer Adaptation - Consumers are gradually adapting to high gold prices, which may influence purchasing behavior [2]. Interrelation of Sales - There is a noted interdependence between gold bar sales and jewelry sales, indicating that strong performance in one category can positively affect the other [3]. Future Outlook for 2026 - For 2026, if the price advantage of gold bars persists, there is a risk associated with sales being linked to gold price fluctuations. Jewelry sales are expected to continue steady growth, with plans to open approximately **10 new stores**, primarily in Beijing, aiming for double-digit growth in performance [3][3][3]. Investment Recommendations - Cai Bai Co., Ltd. is well-positioned in the Beijing-Tianjin-Hebei gold jewelry market, with a significant price advantage over competitors. Q4 sales are expected to exceed expectations, with a "buy" rating maintained [3][4][5]. Profit Projections - Projected net profits for the years 2025 to 2027 are **900 million**, **1 billion**, and **1.1 billion** respectively, corresponding to price-to-earnings ratios of **15**, **14**, and **13** [5].