Gold price fluctuation makes consumers tend to be cautious, and investment in gold bars becomes popular.
After the international gold price reached a new high, it has fallen back in the past few days. Reporters visited the Shuibei Gold Market in Shenzhen, where the price of 24K gold is 797 yuan per gram, which is higher than the 719 yuan per gram a month ago. Some merchants have stated that due to the fluctuation in gold prices, consumers have become more cautious. Last week, the price of gold in Shuibei reached a high of 839 yuan per gram and a low of 788 yuan per gram, with a difference of 51 yuan within a week. Many gold retailers who come to Shuibei to purchase gold are also very cautious. However, sales of investment gold bars are quite hot. Many gold shop owners have said that investment gold bars are basically sold out on the same day they arrive. But experts advise caution in investing.
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