Gold Prices Reach New Highs: What's Behind It? Experts Weigh In...
“Last week gold prices hit 600-plus yuan per kilogram, with a peak of 615 yuan per kilogram. Over the past two days, they have fallen somewhat.” On September 18th, a reporter from Securities Times·
“Last week gold prices hit 600-plus yuan per kilogram, with a peak of 615 yuan per kilogram. Over the past two days, they have fallen somewhat.” On September 18th, a reporter from Securities Times·e company visited Zhengzhou Lixiang Jewelry store and saw that the real-time display price of 999-foot gold jewelry was 609 yuan per kilogram, while the investment gold bar price was 549 yuan per kilogram.
Store staff said this price did not include production costs. For example, a necklace about 5 kilograms inside the store, with nearly a hundred yuan per kilogram in labor costs, consumers would actually pay over 3500 yuan. ... (rest of the translation)
