In-depth exploration of Shuibei, Shenzhen: The buying price has dropped to 900 RMB per gram! Traders say that when it was at 1200, many people were selling, some even sold 3 kilograms at once, but recently few people have been selling.

Since mid-May, the international gold price has been rapidly declining, with a 28% retracement from the high point of the year on June 11. The drop in gold prices has caused consumers to be hesitant. A reporter's visit to the Shuibei Gold Market in Shenzhen found that some consumers were still undecided about making a purchase at multiple stalls. Some Shuibei shop owners stated that they were not greatly affected by the fluctuation as they used a fixed quantity model to deal with price changes. Analysts in the industry believe that the decline in gold prices is a revaluation of the bull market and the release of fluctuations, and it may continue to decline in the short term. The future trend depends on factors such as US data, the US dollar index, and geopolitical conflicts. On the evening of June 13, the reporter visited the Shuibei Gold Market in Shenzhen and noticed a significantly higher number of customers than usual. A Shuibei gold shop owner, speaking to the reporter as a customer, mentioned that the buying price that day was 900 yuan per gram, while the selling price was 957 yuan per gram. With the decline in gold prices, the attitudes of both consumers and gold shop owners have quietly changed. "Today it's 957, I went to Shuibei, but didn't buy anything," said one consumer. The reporter also observed that some consumers were lingering at different stalls, but still had not made a decision to purchase.