Core Viewpoint - The article discusses the recent fluctuations in international gold prices and their impact on domestic gold jewelry consumption, highlighting a shift in consumer behavior towards smaller gold items and increased interest in gold recycling and exchange programs [1][3][5][7]. Group 1: Gold Price Fluctuations - On June 10, international gold prices experienced significant volatility, dropping to $3301 per ounce before rebounding to $3332.63 per ounce [1]. - The Shanghai Gold Exchange issued a notice urging members to enhance risk management due to the unstable market conditions affecting precious metal prices [1]. Group 2: Consumer Behavior Changes - Despite the fluctuations in gold prices, consumer interest in gold jewelry remains, with daily transactions still reaching dozens, and peaking at over a hundred on weekends [3]. - Consumers are increasingly favoring smaller weight gold products to mitigate risks associated with price volatility, as well as preferring traditional gold, enamel, and intricately carved items [5]. Group 3: Gold Recycling and Exchange - The "exchange old for new" and gold recycling businesses are gaining traction, with many consumers opting to trade in older gold items for new ones or cashing out at high prices [7]. - Some jewelry stores are offering free gold testing services to facilitate the exchange process, leading to a significant increase in exchange business volume, reportedly by over 30% to 50% [9]. Group 4: Central Bank Gold Reserves - As of the end of May, China's central bank reported a gold reserve of 73.83 million ounces (approximately 2296.37 tons), reflecting a month-on-month increase of 6,000 ounces [11]. - The World Gold Council's survey indicates that 69% of central banks expect the share of gold in global reserves to rise over the next five years, contrasting with a declining expectation for the share of U.S. dollar reserves [11].

Group 1 - Domestic gold jewelry prices continue to decline, with some falling below 1,000 yuan per gram [1] - Multiple gold jewelry brands reported a decrease in the price of 24K gold jewelry, with prices dropping by 13 yuan per gram to 1,009 yuan per gram [1] - Specific brands such as Laomiao and Caibai saw price reductions of 21 yuan per gram to 995 yuan per gram and 10 yuan per gram to 998 yuan per gram, respectively [1][3] Group 2 - The current prices for various brands of 24K gold jewelry are as follows: Zhou Dasheng at 1,009 yuan per gram, Caibai at 998 yuan per gram, and Chao Hongji at 1,022 yuan per gram [3] - TSL and Jin Zun brands are also priced at 1,009 yuan per gram, while Zhou Liufu is at 1,022 yuan per gram [3]

Group 1 - The price of 24K gold jewelry varies among different brands, with 周大生 and 黑直营 both pricing their products at 990 yuan per gram [2] - 菜百首饰 offers a slightly lower price of 950 yuan per gram for its 24K gold jewelry [2] - Other brands such as 潮宏基, 谢瑞麟, 金至尊, and 周六福 also maintain a consistent price of 990 yuan per gram for their 24K gold products [2]

Group 1 - The core point of the article highlights a significant increase in domestic gold jewelry prices, with some prices returning to 960 yuan per gram [1] - Major brands in the domestic market have experienced a consecutive price increase, with an average rise of nearly 30 yuan [1] Group 2 - Specific brands and their gold prices include: - Zhou Dasheng: 960 yuan per gram - Caibai Jewelry: 913 yuan per gram - Chao Hong Ji: 960 yuan per gram - TSL: 960 yuan per gram - King of Gold: 960 yuan per gram - Zhou Liufu: 960 yuan per gram [5]