Core Viewpoint - The domestic gold jewelry prices have significantly increased, with major brands announcing price hikes due to rising gold prices and raw material costs [1][5][18]. Price Increases - On October 21, the price of gold jewelry per gram reached 1294 CNY for Lao Miao, 1292 CNY for Chow Tai Fook, and 1290 CNY for Lao Feng Xiang, marking increases of 36 CNY, 30 CNY, and 32 CNY respectively from the previous day [1]. - Multiple brands, including Junpei and Lao Pu Gold, are set to raise prices again by the end of October, with Junpei's third price adjustment of the year occurring on October 31 [6][13]. Market Trends - A surge in A-share gold concept stocks was observed, with companies like Zhaojin Gold and Mankalon rising over 4% [3]. - Deutsche Bank reported that gold's share in global reserves has increased to 30%, while the dollar's share has decreased from 43% to 40% [3]. Future Price Predictions - Bank of America has raised its gold price target for 2026 to 5000 USD per ounce, with similar predictions from Societe Generale, citing increased demand from ETFs and central banks [3]. Consumer Reactions - Consumers have expressed concerns over the rapid price increases, with some reporting that items they ordered have seen multiple price hikes before delivery [10][12].

Core Viewpoint - The jewelry industry is experiencing a new wave of price increases due to the rising costs of gold and gemstones, with companies like Junpei, Lao Pu Gold, and Chow Tai Fook announcing price adjustments. Group 1: Junpei's Price Adjustments - Junpei announced a price increase effective October 31, marking its third price hike this year, with the last adjustment occurring just 25 days prior [1][5]. - The previous price increase on September 25 saw a rise of 15%-20%, with specific products like a pendant increasing from over 41,000 yuan [5]. - The most recent price hike for a 10.8-gram bracelet saw a 21% increase, from 18,090 yuan to 21,900 yuan [1][5]. Group 2: Industry-Wide Price Trends - The jewelry sector is witnessing a collective price increase, with other brands like Lao Pu Gold and Chow Tai Fook also adjusting prices at the end of October [4][10]. - Chow Tai Fook plans to raise prices by 12%-18% for its gold products, citing the impact of rising gold prices on costs [18]. - The average gold price among traditional jewelry brands is nearing 1,300 yuan per gram, with specific brands like Lao Pu Gold priced at 1,279 yuan per gram [15]. Group 3: Consumer Reactions and Market Dynamics - Consumers are expressing concerns over the rapid price increases, with some reporting that items purchased just before price hikes are now significantly more expensive [7][8]. - The market has seen long queues at physical stores, driven by promotional activities despite the price increases [13]. - Recent fluctuations in gold prices have led to a historic high, with spot and futures prices surpassing 1,000 yuan per gram for the first time [25].