Recently, international gold prices have dropped sharply, and the continued weakening of international gold prices has spread rapidly to the terminal consumer market. The retail price of gold jewelry from major brands has been lowered simultaneously. Gold prices for some brands have dropped nearly 550 yuan per gram compared to the peak during the year. Industry experts believe that in the short term, the trend of international gold prices still mainly depends on market expectations of the Federal Reserve's monetary policy and changes in the US dollar trend; in the long run, factors such as uncertainty about the geographical situation, high sovereign debt in some countries, diversification of reserve assets by central banks, and the deepening “de-dollarization” process will provide strong support for international gold prices.

Recently, international gold prices have dropped sharply, and the continued weakening of international gold prices has spread rapidly to the terminal consumer market. The retail price of gold jewelry from major brands has been lowered simultaneously. Gold prices for some brands have dropped nearly 550 yuan per gram compared to the peak during the year. Industry experts believe that in the short term, the trend of international gold prices still mainly depends on market expectations of the Federal Reserve's monetary policy and changes in the US dollar trend; in the long run, factors such as uncertainty about the geographical situation, high sovereign debt in some countries, diversification of reserve assets by central banks, and the deepening “de-dollarization” process will provide strong support for international gold prices.