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Pan Helin, a member of the Expert Committee on Information and Communication Economy of the Ministry of Industry and Information Technology, expressed concerns about the decline in gold prices. He believes that gold prices are currently at a high level and does not rule out the risk of a short-term pullback. Historically, gold bull markets have appeared in phases, but each surge has certain limitations. Even though there is a saying that "it's hard to call the top of a bull market," the height of the current surge still needs to be observed. Interestingly, during this wave of rising gold prices, some merchants selling gold jewelry appear to be quite cautious. During the National Day holiday, visits to the Shenzhen Shuibei market and several brand gold jewelry stores revealed that although gold prices continue to rise, merchants are reluctant to stockpile gold easily. "When gold prices are high, we dare not stock too much because the higher the price, the greater the risk of inventory (if gold prices fall)," said Manager Chen of a gold jewelry store in Shuibei market. "Our current strategy is to 'buy back as much as we sell'; as long as there is profit, we will buy gold materials to maintain our positions and will not easily increase inventory." (Guoshi Zhitongche)

