The brand gold store of "China News" indicates that the upstream gold price has increased by 70 yuan, and the gold bars are temporarily out of stock, "we will talk about it when they are sold out."

etnet
2025.11.05 01:46
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New regulations on gold taxation have been implemented in mainland China, increasing the costs for jewelry retailers by approximately 7%. Some merchants have removed gold bars from their shelves, with the price per gram exceeding 1200 yuan. Most gold shops continue normal sales, with CHOW TAI FOOK and LFX gold bars priced at 1170 yuan per gram, and Luk Fook at 1168 yuan. The heads of brand gold shops stated that the upstream gold price has risen by 70 yuan, leading to a suspension of new purchases, without passing the costs onto consumers. Dongshan Department Store is assessing market reactions and has not observed an increase in purchases by citizens due to the new policy