[Prices of gold jewelry plummeted by more than 500 yuan per gram during the year] On November 12, many mainstream domestic gold jewelry brands collectively lowered the listing prices of pure gold jewelry, with the range of reductions per gram ranging from 11 yuan to 16 yuan. The retail prices of pure gold from brands such as Chow Tai Fook, Luk Fook Jewellery, Gold Supreme, Lao Feng Xiang, Lao Miao Gold, and Saturday Fook all fell simultaneously. Prices of most brands of gold jewelry have officially fallen below the 1,200 yuan mark. Chow Tai Fook pure gold jewelry was quoted at 1,199 yuan/gram, down 16 yuan from November 11; Luk Fook jewelry pure gold jewelry was quoted at 1,197 yuan/gram, down 16 yuan from November 11; Jin Zhizun pure gold jewelry was quoted at 1,197 yuan/gram, down 16 yuan from November 11; Laofengxiang pure gold jewelry was quoted at 1,200 yuan/gram, down 11 yuan from November 11; Laomiao gold pure gold jewelry was quoted at 1,196 yuan/gram, down 12 yuan from November 11; Fu pure gold jewelry was quoted at 1,194 yuan/gram on Saturday, down 16 yuan from November 11. Looking back at this year's price trend, domestic gold jewelry prices hit a high for the year on January 29, and the listing prices of mainstream first-tier brands of pure gold jewelry generally stood at 1,700 yuan/gram.