近期，贵金属市场异常活跃，黄金价格创下新高，白银价格也突破了70美元大关，引起了广泛关注，专家吉姆·里卡兹对此表示，未来的涨幅可能比人们预 期的要迅猛得多，他的观点并非空穴来风，因为他长期专注于货币市场的研究。 伦敦金属市场的价格波动剧烈，钯金价格高达每单位1800多美元，铂金价格在2175美元上下波动，白银勉强维持在69美元，黄金价格有所回落，相比前两天 仍有所上涨。 纸黄金与实物黄金之间的价格差距超过了十倍，里卡兹警告说，这种情况非常危险，如果大量投资者要求兑换实物金属，市场可能会立即陷入混乱。 多家珠宝品牌公布了最新的贵金属价格信息，富艺珠宝的黄金报价为每克1396元，投资金条价格为1225元，PT950铂金为每克925元。 天乙银饰与斯尔沃银器均提供了白银的实时价格，均为每克16.22元，中钞国鼎也公布了基准银价，为每克7.43元。 在K金方面，市场报价较为明确：9K金每克375元，14K金每克586元，18K金达到每克751元。 银行销售的金条价格波动频繁，建设银行的金条价格为每克1020多元，工商银行稍贵，农业银行相对便宜，价格与回收市场相比显得微不足道。 上周，回收价一度飙升至每克995.1元， ...

扬州金店当天公布的黄金价格为1220元/克，铂金的价格定在了500元/克。 在嘉华珠宝处，黄金的价格稍高一些，达到了每克1336元。 福泰珠宝方面，黄金的销售价格为每克1306元；铂金标价为每克600元。 城隍珠宝给出的黄金价格是每克1329元，铂金的价格相对较低，为每克590元。 金条的价格差异更加明显，交通银行的金条每克价格为968元，老凤祥的工艺金条价格高达每克1194元，只买11克就需要13000多元，老庙黄金的价格和老凤 祥差不多，也是每克1400元，菜百的金条价格略低，每克959元，购买金条时真的需要货比三家。 深圳水贝金价全线下调！足金999跌至1110元/克，铂金418元/克 最近，国际金价出现了大幅下跌，跌至每盎司4287美元，国内黄金价格也随之下滑，降至每克963元人民币，我特意去金店观察了一番，发现周大生和潮宏 基的金饰价格都是每克1336元，菜百首饰的价格要便宜一些，每克只要1302元，中国黄金价格与菜百相近，让我好奇为什么同是黄金，不同品牌之间价格会 有这样的差异。 金象珠宝的黄金售价为每克1324元。 常州金店提供的黄金价格为每克1300元，铂金的价格是每克598元。 回收市场的情 ...

听说银行把明年白银的目标价调到了65美元，要是真涨到这个数，现在囤银条的人说不定真能赚一笔，街边金店的导购提醒说，别光看数据，去年就有人抄 底黄金，结果加工费把利润全给吃掉了。 就拿菜百首饰那款1290元的足金来说，虽然比周大福便宜38块，工艺说明连999的钢印都没写清楚，这市场里的价格变来变去，比首饰店的吊灯还晃眼。 白银市场更是热闹得不行，昨天伦敦现货银的价格涨到了57美元，这涨幅比黄金高了十倍还不止，菜百首饰的银饰柜台更是人挤人，水泄不通，十二块八一 克的足银链子一下子就卖光了，销售员说库房都快空了。 回收市场的情况也很有意思，实行两套价格，在水贝，黄金回收价才945元，比零售价少了快400块；18K金回收价是694元，铂金回收价也比买价低了快100 块。 有个大叔蹲在柜台前算账，直嘀咕这回收差价，说比股票庄家还狠，收银台显示，钯金pd999报价306元，和足银的价差都没翻倍，这种金属之间的价格波 动，就算是外行人看了，也觉得不太对劲。 黄金价格暴跌，白银价格却一路狂飙，不同品牌之间的价格差异还藏着不少门道，这市场到底在等啥呢？ 最近黄金和白银的市场可真是热闹得很，昨天我路过老凤祥金店，发现店员正在换价 ...

Core Viewpoint - The rising international gold prices in 2025 have shifted consumer preferences for gold jewelry from mere decorative items to valuable assets, leading to a dilemma between 14K and 18K gold based on individual needs and market conditions [1][18]. Group 1: Gold Purity and Composition - The "K" in K-gold represents gold purity, with 24K being pure gold (100% gold content). The main difference between 14K and 18K gold lies in their gold content, which directly affects their price, quality, and performance [3]. - According to international standards, 14K gold contains 58.3% gold, while 18K gold has 75% gold content, with the remainder being alloy metals [5]. Group 2: Market Pricing and Cost Analysis - As of August 2025, the raw material price for 14K gold is approximately 180 RMB per gram, while 18K gold is around 240 RMB per gram, resulting in a price difference of about 33% [6]. - Labor costs also play a significant role, with 18K gold typically incurring 20%-50% higher labor costs due to its suitability for intricate designs and craftsmanship [6]. Group 3: Durability and Long-term Value - For jewelry that is worn regularly, durability is crucial. 14K gold, with a higher alloy content, has a Mohs hardness of 5.5-6, compared to 18K gold's 4.5-5, making it more resistant to scratches and deformation [10]. - In terms of long-term usage costs, 14K gold is more advantageous as it requires less maintenance and repair compared to 18K gold, which tends to wear down faster [10]. Group 4: Resale Value and Investment - The resale value of 18K gold is approximately 1.3 times that of 14K gold, with pawn shops typically offering 58% of the current gold price for 18K gold and 49% for 14K gold [12]. - For those considering gold jewelry as an asset or for inheritance, 18K gold's higher gold content provides better value retention, especially for larger pieces [12]. Group 5: Consumer Preferences and Recommendations - For individuals with sensitive skin, 18K gold is a more suitable choice due to its lower nickel content, which reduces the risk of allergic reactions [14]. - Recommendations for purchasing include choosing 14K gold for budget-conscious buyers and 18K gold for those prioritizing quality and value retention, while ensuring proper certification and maintenance to maximize longevity [16]. Group 6: Conclusion - In the context of rising gold prices in 2025, 14K gold offers high cost-effectiveness and durability, while 18K gold emphasizes quality and value retention. Understanding personal priorities—whether practical or value-oriented—will guide consumers in selecting the most suitable jewelry [18].

Group 1: Gold Prices and Retail Pricing - As of November 11, 2025, the international gold price is reported at $4044.2 per ounce, translating to a domestic benchmark price of 926.2 yuan per gram, with retail prices significantly higher [1] - Major jewelry brands such as Chow Tai Fook, Luk Fook, and King Fook are selling 99.9% purity gold at prices of 1279 yuan per gram [1][2][3][4] - Other brands like Chow Sang Sang and Lao Feng Xiang offer slightly lower prices, with Chow Sang Sang at 1276 yuan per gram and Lao Feng Xiang at 1273 yuan per gram [2][5] Group 2: Market Dynamics and Trends - The latest dynamics in the Chinese gold market show a slight fluctuation in gold prices, with a trading price of 917.42 yuan per gram, down by 0.22 yuan or 0.024% from the previous trading day [9] - The highest and lowest trading prices for the day were 922.00 yuan per gram and 913.30 yuan per gram, respectively [9] - The gold market is influenced by various factors, and investors are advised to monitor real-time prices closely [9] Group 3: Precious Metal Recovery Prices - The recovery price for gold jewelry is set at 898 yuan per gram, maintaining a purity of 99.9% [10] - Platinum jewelry has a recovery price of 324 yuan per gram, also with a purity of 99.9% [11] - 18K gold jewelry is priced at 651 yuan per gram, with a purity of 75% [12] Group 4: Investment Insights - Gold serves a unique role in investment, often moving inversely to stocks and bonds, which can help mitigate investment risks [25] - From 2022 to 2025, central banks have been increasing their gold reserves, with the People's Bank of China accumulating 7402 million ounces by August 2025 [25] - The net value of gold funds has increased by 150.66% over the past three years, outperforming traditional savings and many financial products [25]

Core Insights - The domestic gold market is experiencing fluctuations, with major brands like Chow Tai Fook and Luk Fook Jewelry adjusting their gold prices to 1223 CNY per gram, a decrease of 12 CNY from the previous day [1][5] - The Shenzhen Shui Bei gold market closely aligns with real-time gold prices, incorporating processing fees into its pricing structure [1] Price Details - Specific gold prices from various brands include: - Chow Tai Fook: 1223 CNY/g - Old Fengxiang: 1222 CNY/g - Luk Fook: 1145 CNY/g - Chow Sang Sang: 1211 CNY/g - Gold Supreme: 1223 CNY/g - China Gold: 936.50 CNY/g (base price) [3][4] - The Shui Bei market offers a range of gold products with varying purities, such as: - 999 gold at 1002 CNY/g - 999.9 gold at 1003 CNY/g - 999.99 gold at 1004 CNY/g [4] Market Reactions - The unexpected drop in gold prices has led to increased consumer demand, with many customers rushing to purchase gold jewelry [5] - Investor sentiment is mixed, with some holding onto their investments in hopes of a price rebound, while others are cutting losses or taking advantage of lower prices to buy more [5] Future Outlook - Experts have differing views on future gold price trends, with some believing that geopolitical tensions and central bank policies will support price increases, while others cite various economic factors that could lead to price declines [5] - The gold market remains unpredictable, necessitating careful monitoring and analysis by consumers and investors [5]

Group 1: Gold Market Overview - As of September 20, 2025, global gold prices reached $3645.2 per ounce, while domestic prices in China stabilized at 825.0 yuan per gram [1] - Major jewelry brands in China have set retail prices for gold, with Chow Tai Fook and Luk Fook leading at 1078 yuan per gram [1] - The price of gold jewelry varies significantly among brands, with prices ranging from 1000 yuan to 1078 yuan per gram [2] Group 2: Investment Gold Bars - In the investment gold bar market, prices vary among financial institutions, with China Construction Bank's "Dragon Gold Bar" priced at 836.3 yuan per gram and China Gold's investment gold bar at 859.5 yuan per gram [3] - Special edition gold bars, such as the "Panda" series, are priced at 837 yuan per gram, reflecting their unique commemorative value [3] Group 3: Gold Recycling Market - The gold recycling market has seen slight price fluctuations, with the latest gold recycling price at 816 yuan per gram, maintaining a purity standard of 99.9% [4] - Palladium and 18K gold recycling prices are reported at 235 yuan and 585 yuan per gram, respectively [4] Group 4: Trading Dynamics - In the Shanghai Gold Exchange, the latest trading price for AuT D gold is 825.10 yuan per gram, reflecting a decrease of 1.97 yuan from the previous closing price [5] - The trading price for AgT D silver is reported at 9964 yuan, showing an increase of 134 yuan [5] Group 5: Long-term Bull Market Support - The long-term bullish trend in the gold market is supported by strong demand, with expectations of a low-interest-rate environment following anticipated rate cuts by the Federal Reserve [6] - Geopolitical risks and economic uncertainties continue to bolster gold's status as a safe-haven asset [6] - Institutional demand from central banks and ETFs remains robust, contributing to the sustained momentum of the gold bull market [6] Group 6: Future Price Predictions - Analysts are optimistic about future gold prices, with predictions suggesting a potential rise to around $3800 by the end of the year and possibly exceeding $4000 by 2026 [8] - Some forecasts are even more aggressive, predicting gold prices could soar above $4200 by 2026, driven by factors such as interest rate cuts and strong investment demand [8]

Group 1 - The international gold price reached $3682.2 per ounce, while the domestic base price in China was 834.6 yuan per gram, indicating a high market value [1] - Major jewelry brands in China, such as Chow Tai Fook and Lao Feng Xiang, priced their gold jewelry between 1086 to 1092 yuan per gram, significantly higher than the base price due to brand, craftsmanship, and overhead costs [1] - The Shenzhen Shui Bei market offers a more competitive price for gold, with 999 gold priced at 842 yuan per gram, closely aligning with the base price [2][3] Group 2 - Shui Bei is recognized as the largest gold wholesale market in China, operating on a low-margin, high-volume business model [3] - In Shui Bei, gold pricing is primarily determined by purity and market conditions, with less emphasis on branding [4] - Even within the wholesale market, variations in craftsmanship lead to different pricing, such as 999.9 purity gold priced at 843 yuan per gram [5][6] Group 3 - Investment gold bars sold by banks are priced around 850 yuan per gram, with slight variations among different banks [7] - Brand-name gold bars, however, are priced significantly higher, with Chow Tai Fook's investment gold bar at 965 yuan and Lao Feng Xiang at 1036 yuan, reflecting the added value of brand prestige [9] - The recovery price for 999 gold is 822 yuan per gram, indicating that resale value is primarily based on purity rather than brand [10] Group 4 - Major financial institutions like Morgan Stanley and JPMorgan predict that gold prices could reach $3800 by the end of the year, with potential for further increases to $4000 or even $5000 in the future [10] - The growing interest from both central banks and individual investors is seen as a new driving force behind rising gold prices [10] - UBS previously forecasted gold prices to reach $3700, which was achieved sooner than expected, highlighting the volatility and potential for further price increases [10][11]

Group 1 - The international gold price surged to $3651.9 per ounce in September 2025, a significant increase from around $3400 in June to August [1] - The rise in gold prices is attributed to expectations of an imminent interest rate cut by the Federal Reserve, driven by poor economic data, including a negative employment figure and a rising unemployment rate of 4.3% [1] - Domestic gold retailers have adjusted their prices accordingly, with major brands like Chow Tai Fook and Chow Hong Chi selling gold at approximately 1078-1079 yuan per gram, while others like Cai Bai and Bao Qing are offering lower prices around 1032-1038 yuan per gram [1] Group 2 - The domestic gold trading market is active, with standard gold prices around 827.43 yuan per gram and higher purity gold (9999) priced at approximately 830.50 yuan per gram [3] - Other precious metals are also experiencing price increases, with silver priced at 9.406 yuan per gram and palladium at 270.8 yuan per gram [4] - Platinum prices remain stable, with 18K gold recovery prices at 586 yuan per gram and platinum at 285 yuan per gram [3][4] Group 3 - The rapid increase in gold prices has led to concerns about potential market volatility, especially for gold-related ETFs, which have seen significant gains but also carry higher risks [7][8] - While the market anticipates a Federal Reserve interest rate cut, the outcome is not guaranteed, and any deviation from expectations could lead to substantial fluctuations in gold prices [8] - A long-term perspective on gold investment is suggested, with recommendations to wait for market corrections before making purchases, emphasizing a patient investment strategy [10][12][13]

Core Viewpoint - The gold market is experiencing a paradox where international gold prices are rising, yet domestic retail prices show significant variation, leading to confusion among consumers and investors [1][16]. Price Analysis - Major jewelry brands like Chow Sang Sang and Chow Tai Fook are pricing gold at approximately 1073 to 1074 yuan per gram, forming a "thousand yuan club" [1][3]. - Secondary tier brands such as Caibai and Zhou Liufu are priced lower at around 1035 to 1038 yuan per gram, while China Gold offers a more competitive price of 999 yuan per gram [3][4]. - Shenzhen's Shui Bei offers a significantly lower price of 838 yuan per gram for 999 gold, highlighting a stark contrast with branded jewelry prices [4][7]. Market Dynamics - Shui Bei's pricing strategy includes detailed pricing based on the purity of gold, with slight variations for different grades, indicating a wholesale market approach [5][6]. - The investment gold bars in brand stores are priced around 844 yuan per gram, which is only slightly higher than Shui Bei's gold price but significantly lower than their jewelry prices [9][10]. - Bank gold prices range from 840 to 847.6 yuan per gram, suggesting that purchasing from banks may offer a more transparent investment option compared to branded jewelry [11][12][13]. Recovery Market - The recovery price for 999 gold has dropped to 818 yuan per gram, indicating a loss for consumers upon resale, especially for those who purchased at higher retail prices [14][16]. - The disparity in recovery prices for K-gold further emphasizes the costs associated with branding and design in the jewelry market [16]. Market Complexity - The fluctuations in gold prices are influenced by various factors, including Federal Reserve policies and global economic conditions, making the market dynamics complex [16]. - Consumers are advised to clarify their purchasing intentions, whether for jewelry or investment, as the value proposition differs significantly between the two [16][17].