Following the rise in gold prices, CHOW TAI FOOK products have increased in price for the third time this year

CHOW TAI FOOK has raised prices for the third time this year due to rising gold prices, with some products increasing by 4% to 15%. The price of a solid gold bracelet has risen by 9,000 yuan. CHOW TAI FOOK stated that the price adjustment is part of its daily operational policy to ensure quality. Consumers are surprised by the frequent price increases, but some are taking the opportunity to make purchases. The domestic gold jewelry price has reached a new high for the year, with spot gold prices rising due to expectations of interest rate cuts by the Federal Reserve and poor U.S. economic data. Analysts predict that gold prices will reach $5,000 per ounce by 2026