"Brand jewelry prices exceed 1400 yuan, precious metal analysts predict that the price center will gradually rise within the year."

On April 30th, international precious metals stopped falling and rebounded. On May 1st, the prices of domestic brand gold jewelry have all risen above 1400 yuan per gram. On that day, Chow Sang Sang's 24K gold jewelry was priced at 1415 yuan per gram, Chow Tai Fook's 24K gold jewelry price reached 1419 yuan per gram, and Lao Feng Xiang's price was also at 1410 yuan per gram. Huang Ting, a precious metals analyst at Shanghai Steel Union Lead and Zinc Information Department, analyzed: In the short term, the geopolitical situation between the US and Iran continues to stalemate, but long-term easing is highly likely. The short-term price fluctuations of precious metals may be less extreme than historical levels. In the medium to long term, inflation and economic downward pressure, coupled with de-dollarization and central bank gold purchases, provide support for precious metals. The downside support for precious metals is evident, and it is expected that the price center will gradually rise within the year.