Today, Changchun gold jewelry market in 2011 will usher in the first adjustment. Yesterday, gold and silver jewelry industry in Changchun City Chamber of Commerce issued the gold market on the adjustment of retail prices in Changchun City, the notice. From 18 day,bracelets thousands of gold jewelry and thousands of gold ornaments prices are down 15 yuan per gram.
The first time this year, gold jewelry price adjustment
Gold and silver jewelry industry in Changchun City Chamber of Commerce, the price adjustment notice from today, thousands of gold jewelry price from 360 yuan / g down to 345 yuan / g; thousands of gold ornaments prices by 400 yuan / g down to 385 yuan / kg. This is the price of gold jewelry this year, the first adjustment in Changchun, the last time gold jewelry price adjustment on December 6 last year, necklaces & pendants when thousands of gold jewelry and ornaments increased 15 yuan per gram, per gram of palladium PD990 raised to 195 yuan from the 220 .
Gold and silver jewelry industry in Changchun City Chamber of Commerce, said Han Ying, from today's price adjustment is limited to gold jewelry and ornaments of gold jewelry, platinum and palladium are not in the adjustment column.
International price of gold down the domestic price of gold down
Changchun City, Han Ying gold and silver jewelry industry associations, said the main reason for gold jewelry is an international gold price downward price adjustment, as well as RMB appreciation that the domestic gold prices fell. International price of gold down the three main reasons. First, the EU eased the debt crisis,jewelry women hedge funds leave the gold
market; Second, since late last year, the international price of gold rose by a big margin, this is normal to adjust the price of gold down; third, from 20 January the date of
the deposit reserve ratio by 0.5 percentage points, to tighten liquidity in the market, while China is a big consumer of gold, this restrained consumption, jewelry earrings on the gold market is
bad news.
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