The new gold tax policy has caused a surge in gold prices, with the buying and selling price spread expanding to over one hundred yuan.
Following the adjustment of the gold tax policy on November 1st, the Shanghai Gold Jewelry Industry Association issued a notice today, requiring all member units to accurately understand the policy requirements, standardize tax operations, and strengthen internal compliance management. Three days have passed since the policy implementation, how is the market reacting? Recently, reporters found in a field investigation of the Shuibei Gold Market in Shenzhen that the market is experiencing a "pricing chaos" caused by the new tax policy. In just a few days, the price of gold has frequently jumped, and the gap between the purchase price and the recovery price has suddenly widened from over 20 yuan to over 100 yuan. Businesses are cautiously quoting prices while consumers are in a wait-and-see mode, with few buyers.
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