International gold prices continue to strengthen. In early trading on August 11, Beijing time, spot gold continued to rise. It broke through the 4,400 US dollars/ounce mark in the intraday period, rising more than 0.2%, and hit a new high of nearly two months since June 8. Spot gold rose more than 7% last week, the biggest weekly increase since January this year. Driven by strong international gold prices, retail prices of domestic brand jewellery jumped sharply today. Zhou Sheng's gold jewelry was reported at 1,336 yuan/gram, up 29 yuan/gram in a single day; Zhou Dafu's gold jewelry was reported at 1,336 yuan/gram, up 28 yuan/gram in a single day; and Laomiao's gold and gold jewellery was reported at 1,332 yuan/gram, up 24 yuan/gram in a single day. In just one week, the price of gold jewelry from various brands soared from around 1,220 yuan/gram to more than 1,330 yuan/gram, with a cumulative increase of more than 100 yuan.

International gold prices continue to strengthen. In early trading on August 11, Beijing time, spot gold continued to rise. It broke through the 4,400 US dollars/ounce mark in the intraday period, rising more than 0.2%, and hit a new high of nearly two months since June 8. Spot gold rose more than 7% last week, the biggest weekly increase since January this year. Driven by strong international gold prices, retail prices of domestic brand jewellery jumped sharply today. Zhou Sheng's gold jewelry was reported at 1,336 yuan/gram, up 29 yuan/gram in a single day; Zhou Dafu's gold jewelry was reported at 1,336 yuan/gram, up 28 yuan/gram in a single day; and Laomiao's gold and gold jewellery was reported at 1,332 yuan/gram, up 24 yuan/gram in a single day. In just one week, the price of gold jewelry from various brands soared from around 1,220 yuan/gram to more than 1,330 yuan/gram, with a cumulative increase of more than 100 yuan.