Shuibei gold recycling price breaks 1100 yuan, gold cashing business explodes.

Recently, the price of gold has been rising rapidly, continuously breaking records. In a shop in the Shuibei market in Shenzhen, Guangdong that specializes in gold recycling, there are often consumers coming to sell their gold. Some consumers have said that the price for recycling now exceeds 1100 yuan. Staff members explained that with the soaring gold prices, many consumers who have gold on hand choose to cash in their gold, leading to a significant increase in their recycling volume. The gold recycling business has also attracted the participation of second-hand trading platforms. A second-hand trading platform specializing in recycling digital products began to enter the gold recycling business in the second half of 2025, and their gold recycling business also reached new highs in the near future.