The surging gold price has brought the gold recycling market back to prosperity

Mondo Finance Updated on 2024-03-06

As the global gold price continues to climb, the market is gradually heating up. According to the merchants in the Shuibei area, the current business volume has increased by about two percent compared with before the holiday, and the customers are mainly distributors and individual customers. This trend shows that the market is ushering in new development opportunities.

The gold price of Shuibei today is about 490 yuan, and the price of Chow Tai Fook and other market brands has also reached about 480 yuan. This ** level has increased by about 30% compared to March 2, setting a record high for *** prices. Merchants have said that this is the highest market prospect they have seen since they started in the industry.

The prosperity of the market is not only due to the price of gold, but also related to the improvement of consumers' awareness of the value of investment. **As a safe-haven asset, it has the characteristics of resisting inflation and maintaining and increasing value, so it is favored by investors. At the same time, with the improvement of people's wealth level, more and more people have begun to regard the best as an important part of asset allocation, which has further promoted the development of the first market.

Looking ahead, the market will continue to heat up. As the global economy recovers and inflationary pressures increase, the value of investment will become more prominent. At the same time, the industry also needs to continue to innovate and improve service levels and competitiveness to better meet the needs of consumers.

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