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GUSD Minting
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On March 2nd, an on-site visit to the gold market revealed that as international gold prices continue to rise, some branded gold shops have suspended sales of investment gold bars and replaced them with craft gold bars. Compared to investment gold bars, craft gold bars are priced 200 to 300 yuan per gram higher. "Currently, the company only sells craft gold bars. Today, the price of craft gold bar products is 1433 yuan per gram. Investment gold bars were sold before, but they are now discontinued and are not expected to be sold again in the short term," said a sales staff member at a Chow Tai Fook store in Beijing.