In-depth investigation of Shuibei Market in Shenzhen: gold jewelry prices have increased by 60 yuan in two days, widening the buying and selling price difference.

On November 5th, Shenzhen Shuibei Market was still bustling with people. Less than a week after the implementation of the new regulations on gold trading taxes, the gold prices at this market have already changed significantly - the price of 24 karat gold jewelry has increased from 931 yuan per gram on November 3rd to nearly a thousand yuan, an increase of nearly 60 yuan. However, the buying price has decreased, leading to a wider spread between buying and selling prices. While gold prices on the retail end are rapidly increasing, there is also a new trend in the investment side - some investors are trying to take advantage of the arbitrage opportunities by extracting physical gold through banks' "gold accumulation" services. It has been reported that several banks have already suspended such services.