On May 18th, today, reporters saw at a gold retail store in Shenzhen’s Shuibei that the surrounding areas of major gold counters were crowded with consumers who came to purchase. Affected by the recent decline in international gold prices, the market gold price has dropped from 792 yuan/gram last weekend to the current 756 yuan/gram, a decrease of over 4%. The person in charge of a gold shop told reporters that some new styles and small weights of gold jewelry are quite popular among consumers. Affected by the decline in gold prices, sales of some bracelet accessories have even increased. In addition to consumers who purchase gold, there is also a portion of consumers who see a downward trend in gold prices and choose to recycle and monetize their gold jewelry. (CCTV Finance)
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