The price of gold jewelry fell nearly 500 yuan within the year.
The listed prices of gold jewelry from major domestic brands in China continue to decline. On June 25th, the comparison of domestic gold jewelry prices showed that some brands had dropped nearly 500 yuan from the high point at the beginning of the year, with a decrease of over 28%. Lao Feng Xiang quoted 1215 yuan/gram, a decrease of 26 yuan from the previous day, with a total decrease of 53 yuan over two days, and a drop of 498 yuan from the high point at the beginning of the year; Chow Sang Sang quoted 1221 yuan/gram, a decrease of 19 yuan from the previous day, with a total decrease of 49 yuan over two days, and a drop of 487 yuan from the high point at the beginning of the year; Chow Tai Fook and Lukfook quoted 1222 yuan/gram and 1220 yuan/gram respectively, both decreasing by 16 yuan from the previous day, with a total decrease of 55 yuan and 46 yuan respectively over two days, with a drop of approximately 478 yuan and 480 yuan from the high point at the beginning of the year.
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