Gold jewelry prices double "diving"

Gold, which has been rising since late 2008, has been lower in the last half-month. Affected by the continued decline in the international price of gold, the price of gold jewelry in major gold stores in the city has been lowered twice, with a price reduction ranging from RMB 8 to RMB 13 per gram.

On the morning of October 25th, during an interview with a gold shop in the urban area, the reporter saw that Mr. Zhang, a citizen, was choosing a small pair of gold bracelets worn by children, with a total of 21 grams of two small bracelets. Mr. Zhang told reporters that his daughter will soon be full moon, this bracelet is a gift to his daughter. "I looked at the price of gold 388 yuan per gram a month ago. Now it is 375 yuan per gram. Buying this bracelet is cheaper than 270 bucks. It is a good deal." The reporter found that many came to buy Citizens of gold jewelry are informed in advance about news of gold price cuts. The person in charge of the gold store stated that after the Golden Week, the international gold price continued to decline, and as a result, the gold prices of many gold stores in the city were reduced. "Our store's gold price has been lowered by 13 yuan per gram. The downward adjustment of gold prices has also stimulated consumption to a certain extent. The number of people buying gold jewelry has increased recently," said the person in charge.

Although the continuous decline in the price of gold has caused many consumers to buy it in time, some citizens still take a wait-and-see attitude. Citizen Zou is prepared to get married early next year. Recently, he has been paying attention to the price of gold. He believes that there is still room for a drop in the price of gold and he is prepared to wait until the price falls below 370 yuan per gram.