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]

Core Viewpoint - The gold market has seen a significant surge, with prices surpassing $4000 per ounce, driven by geopolitical instability and increased demand for safe-haven assets. However, analysts warn of potential price corrections due to overvaluation and market overheating [6][7][8]. Group 1: Gold and Precious Metal Prices - As of October 9, 2025, London spot gold is priced at $4005 per ounce, while silver is at $48.2 per ounce [1]. - Various brands in mainland China have consistent gold prices around 1162 CNY per gram, with slight variations among different retailers [1]. - Financial institutions are offering gold bars at varying prices, with the highest being 933.78 CNY per gram from China Construction Bank [1]. Group 2: Gold Coin Pricing - The 2025 Panda gold coin series has a range of prices, with the 1 kg commemorative coin priced at 480,000 CNY per piece [3][4]. - The price for a single 1 gram Panda gold coin is 1185 CNY, while the 100 gram version is priced at 78,270 CNY [1]. Group 3: Precious Metal Recycling Prices - Current recycling prices for precious metals show that 99.9% pure gold is valued at 875 CNY per gram, while platinum is at 341 CNY per gram [4]. - The recycling price for 18K gold is 633 CNY per gram, and palladium is priced at 260 CNY per gram [4]. Group 4: Market Trends and Predictions - Analysts indicate that the recent surge in gold prices, which has increased nearly 50% this year, may lead to a market correction as momentum appears to be waning [6][8]. - Historical patterns suggest that significant price increases are often followed by corrections, and the current market may be approaching a similar scenario [7][8].