Shuibei's gold shops are crowded, but this year's transactions are less than half of last year.

In recent times, the international gold price has been continuously falling, even breaking below the $4000 mark. A reporter from the First Financial visited the Shuibei market in Shenzhen and found that the market was still bustling with customers after the Dragon Boat Festival, but there was a strong sense of hesitation. Merchants mentioned that compared to the hot sales last year when gold prices were rising, the overall sales volume has significantly decreased now, with transaction sizes not even reaching half of what they were last year. Consumers who bought gold at high prices are now much less willing to buy at current prices. Most consumers still believe that the current price is too high, with their ideal purchase price being around $500 per gram. Due to the fluctuation in gold prices, even those who are interested in buying are only choosing small pendants to wear themselves, and are not willing to hoard large amounts of gold.