Store staff: Gold bars sell better than jewelry this year

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Golden Ten Data reported on October 21 that after two consecutive days of “violence” last weekend, the retail price of gold jewellery in chain gold stores such as Chow Tai Fook, Chow Sang Sang and Lao Miao has exceeded the 800 yuan per gram mark. But the rise in gold prices has not allowed consumers to chase the rise all the way. The reporter did not see signs of crowding in some gold stores in Shanghai over the weekend, and some consumers told reporters that they had considered starting with 6 words, but the gold price rose all the way to more than 700 yuan / gram and began to hesitate, and now more than 800 yuan is “afraid of heights” and dare not buy. During this year’s “Eleventh” holiday, the reporter communicated with a clerk in some gold shops, and they complained that the business in the second half of this year was not as good as in previous years, mainly because the price of gold remained high. A clerk told reporters that this year’s gold bars sold better than jewelry, and the premium of the former’s gold bars was much smaller than that of gold jewelry.

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