“The fall in gold prices combined with the holiday effect immediately improved in popularity. The number of visitors over the past few days was almost three or four times that of normal.” Manager Huang, who has been running the gold jewelry business in Shenzhen Shuibei for many years, greeted customers while also observing the flow of people at the scene. Before the National Day holiday, terms related to “falling gold prices” hit the internet. As of press release, London gold is now fluctuating in a narrow range above the $4120 per ounce mark. Compared with the intraday high on September 22, international gold prices have fallen by more than 200 US dollars. As of October 6, the gram price of gold jewelry from various domestic brands had dropped to around 1,250 yuan, and the price of gold jewelry from Shui Bei had also dropped to around 1,061 yuan. Manager Huang said that since the Mid-Autumn Festival, there has been a marked increase in the number of consumers who come to buy gold. “Compared to the end of September, sales in the first few days of October increased by about 20% year on year, mainly due to falling gold prices. I believe business will be much better in October.”

“The fall in gold prices combined with the holiday effect immediately improved in popularity. The number of visitors over the past few days was almost three or four times that of normal.” Manager Huang, who has been running the gold jewelry business in Shenzhen Shuibei for many years, greeted customers while also observing the flow of people at the scene. Before the National Day holiday, terms related to “falling gold prices” hit the internet. As of press release, London gold is now fluctuating in a narrow range above the $4120 per ounce mark. Compared with the intraday high on September 22, international gold prices have fallen by more than 200 US dollars. As of October 6, the gram price of gold jewelry from various domestic brands had dropped to around 1,250 yuan, and the price of gold jewelry from Shui Bei had also dropped to around 1,061 yuan. Manager Huang said that since the Mid-Autumn Festival, there has been a marked increase in the number of consumers who come to buy gold. “Compared to the end of September, sales in the first few days of October increased by about 20% year on year, mainly due to falling gold prices. I believe business will be much better in October.”