According to Interface News, the price of gold reached a new high. On April 16, the London gold spot broke through the $3,300 per ounce mark in the intraday market, once again reaching a record high. On the same day, brands such as Chow Tai Fook, Lao Fengxiang, Zhou Liufu, and Chow Sang Sang Sang all surpassed 1,000 yuan/gram. Among them, Chow Tai Fu and Lukfook Jewellery stood at 1006 yuan/gram. As gold prices soar, some investors choose to take risks and invest in gold through credit cards or consumer loans with the intention of profiting from the upward trend in gold prices. However, this leveraged investment is fraught with many risks, including losses due to falling gold prices, borrowing and interest expenses, and credit risk caused by illegal investments.

Zhitongcaijing · 04/17 01:09
According to Interface News, the price of gold reached a new high. On April 16, the London gold spot broke through the $3,300 per ounce mark in the intraday market, once again reaching a record high. On the same day, brands such as Chow Tai Fook, Lao Fengxiang, Zhou Liufu, and Chow Sang Sang Sang all surpassed 1,000 yuan/gram. Among them, Chow Tai Fu and Lukfook Jewellery stood at 1006 yuan/gram. As gold prices soar, some investors choose to take risks and invest in gold through credit cards or consumer loans with the intention of profiting from the upward trend in gold prices. However, this leveraged investment is fraught with many risks, including losses due to falling gold prices, borrowing and interest expenses, and credit risk caused by illegal investments.