The three major U.S. stock indexes closed slightly higher on Tuesday. Recently, gold spot and futures market prices have reached new highs. As of press time, COMEX gold futures rose 0.22%, temporarily trading at $2,064.7, achieving four consecutive gains. Recently, gold spot and futures market prices have reached new highs. COMEX gold futures prices have exceeded the $2,000/ounce mark for several consecutive trading days.
According to China Securities Journal, on November 28, reporters conducted an on-site visit to the gold consumer market in Beijing and found that as international gold prices rose, major gold jewelry brands also raised their retail prices. The reporter visited and found that the current actual selling price of major brand jewelers is basically more than 600 yuan/gram, and the processing fee is calculated separately.
Yin Zhitao, deputy director of the refining workshop of a gold and silver refining company in Zhaoyuan, Shandong Province, said that three shifts are implemented to produce continuously 24 hours a day. The daily output is about 600 kilograms, which is about 100 kilograms more than last year. Because the price is good, we rush to ship the goods and sell them directly after placing them in the delivery warehouse. The reporter saw at the scene a row of brilliant gold, which was just produced this morning and weighed about 600 kilograms. They will be divided into different specifications according to the requirements of the exchange. A piece of 3 kilograms of gold costs about 1.4 million yuan, and this batch of 600 kilograms of gold is worth about 280 million yuan.