The news that gold tax will be removed is false.
There are reports online that some businesses are quickly removing gold bars from shelves, with some brands of gold bars costing over 1200 yuan per gram, even more expensive than yellow jewelry. After visiting brands such as Lao Feng Xiang, Chow Tai Fook, and Liu Fu Jewelry in Guangzhou, it was found that investment gold bars are still being sold normally and there is no situation of halting sales. On November 4, the afternoon price of Shanghai gold was 913.54 yuan per gram. The prices of investment gold bars from Chow Tai Fook, Lao Feng Xiang, and Liu Fu Jewelry were 1170 yuan, 1170 yuan, and 1168 yuan per gram respectively, and there was no situation of prices exceeding 1200 yuan per gram. However, the journalist also found at Lao Feng Xiang that there are cases where small gold beans with less weight cost more than gold bars, for example, 1 gram of small gold beans costs 1202 yuan, which is more expensive than a 5 gram small gold bar.
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