The price of 24K gold jewelry from multiple gold and jewelry brands has risen to around 1315 yuan per gram

The price of 24K gold jewelry from several gold and jewelry brands has risen to around 1,315 yuan per gram. Among them, the price of 24K gold jewelry from Lao Miao Gold and Chow Sang Sang is 1,315 yuan per gram, while the price from Chow Tai Fook, TSE SUI LUEN, and CHJ is 1,312 yuan per gram. The price of 24K gold from LUK FOOK HOLD is 1,310 yuan per gram

The A-share gold and non-ferrous metal sectors fluctuated and fell during the trading session, with CHJ hitting the limit down, and GHNM, North Copper, CTM, HY, and ZHUZHOU SMELTER all dropping over 5%

The A-share gold concept initially declined, CHJ approached the limit down, Northern Copper fell over 5%, and Hunan Gold, TNMG, and Pengxin Mining all fell

CHJ: Net profit loss of 14.2795 million yuan in the third quarter, a decrease of 116.52%

CHJ announced that its revenue for the third quarter was 2.135 billion yuan, a year-on-year increase of 49.52%; net profit loss was 14.2795 million yuan, a decrease of 116.52%. Revenue for the first three quarters was 6.237 billion yuan, a year-on-year increase of 28.35%; net profit was 317 million yuan, a year-on-year increase of 0.33%

Understanding the Market | The gold and jewelry sector leads in gains, with LAOPU GOLD rising over 10%. In the past half month, the price of domestic pure gold jewelry has increased by over 100 yuan

Gold and jewelry stocks are leading the gains. As of the time of publication, LAOPU GOLD rose 10.39% to HKD 765; CHOW SANG SANG rose 7.21% to HKD 14.58; CHOW TAI FOOK rose 5.13% to HKD 15.36; LUK FOOK HOLD rose 3.35% to HKD 25.28. According to a report by Shanghai Securities News, on October 15, international and domestic gold prices reached new highs. On that day, the prices of domestic pure gold jewelry announced by several gold and jewelry brands also surged, with some exceeding RMB 1235 per gram. Specifically, on October 15, the domestic prices for CHOW TAI FOOK pure gold (jewelry, crafts), LUK FOOK pure gold 999/pure gold, Xie Rui Lin pure gold jewelry, CHJ pure gold (jewelry ornaments), and LAO MIAO GOLD pure gold jewelry in the Shanghai region were all RMB 1235 per gram, while the domestic price for CHOW SANG SANG pure gold jewelry was RMB 1233 per gram, with increases of over RMB 100 per gram compared to October 1