On November 12, many mainstream domestic jewellery brands collectively lowered the price of gold jewellery in the range of 11 yuan to 16 yuan. Retail prices of brands such as Zhou Daifu, Lukfook Jewellery, Gold Supreme, Lao Fengxiang, Laomiao Gold, and Zhouliufu all fell simultaneously. Most brands officially fell below the 1,200 yuan mark, going back to this year's price trend. On January 29, domestic jewellery prices hit historical highs during the year. On January 29, the price of mainstream first-tier gold jewellery brands generally reached 1,700 yuan/1,700 yuan Above grams.

On November 12, many mainstream domestic jewellery brands collectively lowered the price of gold jewellery in the range of 11 yuan to 16 yuan. Retail prices of brands such as Zhou Daifu, Lukfook Jewellery, Gold Supreme, Lao Fengxiang, Laomiao Gold, and Zhouliufu all fell simultaneously. Most brands officially fell below the 1,200 yuan mark, going back to this year's price trend. On January 29, domestic jewellery prices hit historical highs during the year. On January 29, the price of mainstream first-tier gold jewellery brands generally reached 1,700 yuan/1,700 yuan Above grams.