--- title: "Spot Gold Price Briefly Sinks Below USD4,100/oz; Mainland Gold Jewelry Listed Prices Continue to Decline" type: "News" locale: "en" url: "https://longbridge.com/en/news/292011659.md" description: "Spot gold briefly fell below USD4,100/oz on the 8th. Mainland gold jewelry listed prices continued to decline from yearly peaks. LFX quoted RMB1,246/g (down RMB467), CHOW SANG SANG RMB1,249/g (down RMB459), and CHOW TAI FOOK RMB1,252/g (down RMB454). Short selling data for HK stocks was also reported as of July 7, 2026." datetime: "2026-07-08T04:25:49.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/292011659.md) - [en](https://longbridge.com/en/news/292011659.md) - [zh-HK](https://longbridge.com/zh-HK/news/292011659.md) generator: "portal-rs" --- # Spot Gold Price Briefly Sinks Below USD4,100/oz; Mainland Gold Jewelry Listed Prices Continue to Decline Spot gold briefly busted below USD4,100 per ounce this morning (8th). Listed prices for gold jewelry at major mainland gold brands continued to decline, with per-gram prices at some brands dropping by as much as RMB467 from their peak levels at the beginning of the year. LFX (600612.SH) +0.110 (+0.324%) quoted RMB1,246 per gram, down RMB467 from its peak of RMB1,713 at the beginning of the year; CHOW SANG SANG (00116.HK) +0.110 (+1.085%) Short selling $337.67K; Ratio 5.676% quoted RMB1,249 per gram, down RMB459 from its peak of RMB1,708 at the beginning of the year; CHOW TAI FOOK (01929.HK) +0.140 (+1.231%) Short selling $27.23M; Ratio 14.397% quoted RMB1,252 per gram, down RMB454 from its peak of RMB1,706 during the year. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-07 16:25.) (A Shares quote is delayed for at least 15 mins.) ### Related Stocks - [600612.CN](https://longbridge.com/en/quote/600612.CN.md) - [00116.HK](https://longbridge.com/en/quote/00116.HK.md) - [01929.HK](https://longbridge.com/en/quote/01929.HK.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [900905.CN](https://longbridge.com/en/quote/900905.CN.md) ## Related News & Research - [PRECIOUS-Gold retreats as bond yields surge to highest levels in decades](https://longbridge.com/en/news/296241483.md) - [PRECIOUS-Gold holds steady with Fed minutes in focus](https://longbridge.com/en/news/296310600.md) - [PRECIOUS-Gold drops after sharp gains as inflation concerns come to the fore](https://longbridge.com/en/news/296506502.md) - [PRECIOUS-Gold gains on weaker dollar, fading Fed rate hike bets](https://longbridge.com/en/news/296116763.md) - [PRECIOUS-Gold slips on firmer Treasury yields, oil prices; Fed minutes in focus](https://longbridge.com/en/news/296177333.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**