Abbott Lyon has got 35% off all items on its website or two for one.Here are a few of the brand’s top highlights:Similar to Tiffany & CoOval Link Chain Bracelet, £55A modern chain with polished oval links. It’s a standout piece that works for everyday styling or a dressed-up moment, making it an effortless, go-to gift for anyone who loves a touch of luxe.Similar to Cartier Essence Gold 23 Watch, £149This watch offers a classic, timeless look with its gorgeous gold tones and minimalist feel. It’s the perfect ...

Core Insights - The jeweler and watchmaker experienced a 14% increase in sales compared to the same period last year [1] Company Performance - Sales growth of 14% indicates strong demand for the company's products [1]

11月7日，金价拉升。截至发稿，现货黄金价格报4010.78美元/盎司，日内涨0.85%。 | 11.07 | | 1268元/克 | жа | | --- | --- | --- | --- | | 11.07 | | 1266元/克 | 涨8 | | 11.07 | 六福珠宝 | 1266元/克 | ਮੁੱਖ | | 11.07 | | 1266元/克 | жа | | --- | --- | --- | --- | | 11.07 | 潮宏基 | 1268元/克 | 持平 | | 11.07 | 老凤祥 | 1263元/克 | 涨7 | | 11.07 | 老庙黄金 | 1263元/克 | 涨7 | | 11.07 | 菜百首饰 | 1235元/克 | 涨7 | | 11.07 | 周六福 | 1261元/克 | 持平 | | 11.07 | 周大生 | 1268元/克 | ਜ਼ਿੰਦਰ | 央行连续第12个月增持黄金 消息面上，11月7日，据中国人民银行发布的最新数据，中国10月末黄金储备报7409万盎司（约2304.457 吨），环比增加3万盎司（约0.93吨），为连续第12个月增持黄金。 | W ...

Core Viewpoint - The new tax policy on gold, effective from November 1, 2025, to December 31, 2027, will implement a series of value-added tax adjustments for standard gold traded on the Shanghai Gold Exchange and Shanghai Futures Exchange, potentially impacting gold market consumption and pricing dynamics [1][4]. Group 1: Impact on Gold Jewelry Pricing - The average price of gold jewelry has shown fluctuations, with current prices around 1265 CNY per gram, and some items priced significantly higher based on craftsmanship and branding [1][2]. - Retailers indicate that the new tax policy will lead to a cost increase, but they do not plan to raise prices immediately, suggesting a stable consumer demand despite the tax changes [2][4]. - Major gold brands have already increased their prices, with average prices now exceeding 1260 CNY per gram, indicating a market response to the anticipated tax adjustments [2][3]. Group 2: Tax Policy Details - The new regulation categorizes gold transactions into "investment" and "non-investment" uses, affecting how value-added tax is applied, with investment gold enjoying tax exemptions while non-investment gold faces increased costs [3][5]. - For non-investment gold, the input tax deduction has been adjusted, leading to an approximate 7% increase in costs for merchants, which may be passed on to consumers [4][5]. - Individuals frequently selling gold jewelry may be subject to taxation if their activities are deemed as "business sales," which could lead to a 3% value-added tax on sales [5]. Group 3: Market Dynamics and Consumer Behavior - The gold recovery market remains stable, with buyback prices around 900 CNY per gram, indicating a consistent demand for recycled gold despite the new tax policy [2][3]. - The new tax policy is expected to encourage consumers to opt for "old-for-new" exchanges, as this may present a more cost-effective option amidst rising prices [2][4]. - The policy aims to guide consumer and investor behavior towards compliance and professionalism in gold transactions, potentially reducing market volatility in the long term [5].

Core Viewpoint - The new tax policy on gold, implemented by the Ministry of Finance and the State Taxation Administration, aims to differentiate between investment and non-investment demand for gold, leading to immediate market reactions and price fluctuations in gold bars and jewelry [1][8]. Market Reactions - The gold investment bar market has shown a clear division, with prices increasing in some stores while others have suspended sales or reduced offerings [3][5]. - For instance, the price of investment gold bars at Shandong Gold increased by over 100 yuan per gram to 1020 yuan per gram, while other brands like Dream Gold Garden offered temporary discounts [3][5]. Online Sales Strategies - Online sales strategies vary significantly among brands, with some like Chow Tai Fook maintaining prices consistent with physical stores, while others have drastically reduced their offerings or suspended sales altogether [5][8]. - For example, Chow Tai Fook's 10g gold bar is priced at approximately 11,200 yuan, while other brands have removed most investment gold products from their online platforms [5]. Impact on Jewelry Market - The price adjustments in the investment gold bar market have also affected the diamond-studded gold jewelry segment, with some brands pausing sales to reassess costs due to rising raw material prices and tax policy changes [7][8]. - The price of diamond-studded gold jewelry is influenced by various factors, including gold raw material costs, diamond costs, processing fees, and brand premiums [7][13]. Challenges for Small Gold Merchants - Small gold merchants face significant challenges due to increased tax costs and the inability to access the same resources as larger institutions, which may lead to squeezed profit margins [12]. - The new tax policy requires merchants to establish better sales records and tax management systems, increasing compliance costs [12]. Consumer Cost Variability - The cost of purchasing gold for consumers will vary based on the type of gold and the purchasing channel, with investment gold purchased through formal channels benefiting from tax exemptions [12][13]. - For jewelry, while raw material costs have risen, the overall impact on prices is limited due to the significant portion of costs attributed to processing and brand premiums [13].

Core Viewpoint - The gold prices for various brands have significantly dropped, with notable declines observed across multiple retailers on October 27. Price Summary - The price of gold jewelry from 周六福 (Chow Sang Sang) is now 1144 RMB per gram, down by 20 RMB from the previous day [1] - 周大福 (Chow Tai Fook) and 六福珠宝 (Luk Fook) both report a price of 1223 RMB per gram, with a decrease of 9 RMB [1][2] - 老凤祥 (Lao Feng Xiang) and 老庙黄金 (Lao Miao Gold) have their prices at 1220 RMB per gram, down by 8 RMB [1][3] - 菜百首饰 (Cai Bai Jewelry) maintains a price of 1172 RMB per gram, showing no change [3] - 周大生 (Chow Tai Sheng) holds steady at 1232 RMB per gram, with no price change [3]

Core Viewpoint - Despite recent price fluctuations, gold prices have risen significantly this year, with a year-to-date increase of over 50% [1][4]. Gold Price Trends - As of October 22, 2023, the spot gold price was reported at $4046.97 per ounce, reflecting a decrease of 1.89% from the opening price [1]. - Domestic gold brands have seen significant price drops, with brands like Zhou Shiliu and Laomiao experiencing declines of 5.29% and 6.41%, respectively [2]. Consumer Behavior - The "old for new" gold exchange program has gained popularity, with many consumers, especially young and older women, participating in this trend to acquire new and valuable gold jewelry [4][6]. - Consumers are utilizing social media and e-commerce platforms to find discounts, with some reporting savings of up to 6000 yuan through "克减" (weight reduction) promotions [14]. Market Dynamics - Major gold retailers have announced price increases for gold jewelry, with typical price hikes exceeding 10% [4]. - The "免折旧" (no depreciation) policy for exchanging old gold has attracted consumers, allowing them to trade in old pieces without losing value [6]. Investment Considerations - The gold market is experiencing heightened interest, but there are warnings about potential investment risks, including scams related to gold leasing and virtual investments [17][18]. - Experts suggest that while the gold bull market may experience short-term fluctuations, the long-term fundamentals supporting gold prices remain intact, advising investors to adopt a cautious and strategic approach [18].

Core Insights - Gold prices have reached historic highs, with COMEX gold surpassing $4200 per ounce and London spot gold hitting $4193 per ounce, marking a year-to-date increase of over $1500 and nearly 60% [1][3] - The surge in gold prices has led to increased prices for jewelry brands, with Chow Tai Fook adjusting its gold jewelry price to 1235 yuan per gram, a rise of 20 yuan from the previous day [1][3] - Many consumers are experiencing significant gains from their gold investments, with reports of individuals seeing profits of nearly 6000 yuan in a single day due to rising gold prices [3] Gold Price Surge - The gold price has been described as "rocketing," with significant daily increases prompting consumers to rush to purchase gold before further price hikes [3][6] - Several jewelry brands, including Chow Tai Fook and Chow Sang Sang, are set to increase their gold prices by 10-20% in the coming weeks, with some brands announcing price hikes as high as 15% [6][7] - The price of gold has risen dramatically from earlier in the year, with some consumers noting that the current price would only allow them to purchase half the amount of gold they could have bought previously [3][6] Consumer Behavior - Many consumers are feeling the pressure of rising gold prices, with discussions on social media reflecting concerns about affordability and the potential for prices to continue increasing [4][6] - Some individuals who had not initially planned to invest in gold are now reconsidering their options, although there is hesitation due to fears of buying at a peak [7] - The demand for silver has also surged, leading to stock shortages and announcements from retailers about halting new inventory due to overwhelming sales [8][12]

Group 1 - The international spot gold price has surpassed $4000 per ounce for the first time on October 8, 2025, reaching a new high of $4049 per ounce on October 9 [1] - Gold prices have increased by over 50% in the first 10 months of this year, with domestic gold prices rising in tandem [1] - As of October 9, the price of AU9999 gold in China was reported at 911.4 yuan per gram, with several brands of gold jewelry exceeding 1160 yuan per gram [1] Group 2 - The prices of various brands of gold jewelry on October 9 are as follows: - Chow Sang Sang: 1170 yuan/gram - Cai Bai Jewelry: 1168 yuan/gram - Chow Tai Fook: 1168 yuan/gram - Chao Hong Ji: 1168 yuan/gram - Zhou Liu Fu: 1160 yuan/gram - Liu Fu Jewelry: 1120 yuan/gram - Lao Miao Gold: 1115 yuan/gram - Note: Cai Bai Jewelry's prices are based on physical stores in Beijing, Zhou Liu Fu uses the price of 999 gold, and Lao Miao Gold is limited to the Shanghai area [3]

Group 1 - The core viewpoint of the articles indicates that gold and silver prices have surged, with spot gold reaching a historical high of $3,798 per ounce and COMEX gold touching $3,830 per ounce [1][8] - Deutsche Bank analysts attribute the rise in gold prices to investor panic and the perception of gold as a safe haven during times of uncertainty [7] - Goldman Sachs predicts that under baseline scenarios, international gold prices could soar to $4,000 per ounce by 2026, with potential peaks of $4,500 and even $5,000 per ounce under extreme risk scenarios [8] Group 2 - Domestic gold jewelry prices have seen an increase, with Chow Sang Sang reporting a price of ¥1,111 per gram, up by ¥5 from September 26 [3][5] - Other brands like Chow Tai Fook and Lukfook Jewelry maintain their gold jewelry prices at ¥1,108 per gram [5][7] - The current gold price in the retail market for investment-grade gold is reported at ¥982 per gram [5][7]