Investigation of the Shuibei gold market found that upstream material suppliers are no longer providing materials. The price for cash purchases has increased by tens of yuan per gram.

Recently, the prices of gold and silver have experienced extreme ups and downs like a rollercoaster ride, causing the market to have no physical goods for sale. Reporters conducted a real investigation in Shuibei, Shenzhen, and several employees of gold shops in Shuibei told reporters that upstream suppliers have stopped providing materials, so they cannot obtain any goods at all. Some shop owners also said that they no longer pay attention to the market price of gold, and that they have to increase the price per gram by tens of yuan to obtain physical goods. They are losing too much money, so they are considering closing their shops. Experts believe that suppliers choosing to lock in goods without selling is due to some suppliers not hedging their inventory, leaving them exposed to price risks.