The price of gold at Shuibei Shopping Mall in Shenzhen has dropped to 756 yuan, with a weekly decline of over 4%.

Today, reporters saw at a gold retail store in Shuibei, Shenzhen, that the area around the major gold counters was crowded with consumers who had come to make purchases. Due to the recent international drop in gold prices, the market price of gold has decreased from 792 yuan/gram last weekend to the current 756 yuan/gram, a drop of over 4%. The person in charge of a gold shop told reporters that some new styles and lightweight gold jewelry are popular among consumers. Due to the drop in gold prices, the sales of some bracelet-type jewelry have even increased. In addition to consumers purchasing gold, some consumers are also choosing to sell their gold jewelry as they see a downward trend in gold prices.