The market price in Shuibei has been set, some suppliers have temporarily ceased shipments, while some manufacturers have resumed normal operations.
After a brief period of price adjustment and confusion in pricing, the base price of Shuibei Market has finally been determined with a new quote, which is a markup on the domestic gold price. In addition to the Shuibei gold market, many branded gold stores such as Chow Tai Fook and Lao Feng Xiang have quickly announced an increase in gold prices. From the quiet customer flow of retailers to the strategic adjustments of wholesalers, and then to the halt and wait-and-see attitude of upstream material suppliers, the entire chain of the gold industry is entering an "adaptation period."
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