Gold prices plummet, prices of multiple brand gold jewelry items drop to one thousand yuan.

Spot gold fell sharply, with the intraday decline expanding to 3.59%, hitting a new low since May 1. The prices of gold jewelry also decreased, with prices of multiple brands of gold jewelry falling back to around 1000 yuan. As of press time, the prices for Zhou Dafu gold jewelry were 1008 yuan/gram, the prices for Chow Tai Fook gold jewelry were 1007 yuan/gram, the prices for Chow Sang Sang gold jewelry were 1008 yuan/gram, the prices for Lao Miao gold jewelry were 1000 yuan/gram, and the prices for Caibai gold jewelry were 988 yuan/gram.