# gold price

Latest news and articles about gold price

Total: 3 articles found

Close-up of elegant gold and diamond rings on a modern abstract surface, showcasing luxury style.
Business

Why China’s Laopu Gold Just Hiked Prices by 20–30% — and Customers Keep Buying

Laopu Gold’s 20–30% price rise at the start of 2026 produced a buying frenzy rather than deterring customers, underscoring the brand’s transition from jeweller to luxury-asset maker. Strong resale demand and elevated gold prices have reinforced the perception of jewellery as an investable, appreciating good, but rising raw-material costs and intensifying competition threaten margins and the sustainability of the model.

SoBiz2026年3月7日 05:41
#Laopu Gold#China gold market#luxury jewellery
Detailed view of shiny pyrite crystals showcasing intricate metallic textures and patterns.
Business

Gold Above $5,000 Reprices Miners — Chinese Producers Ride a Historic Rally but Faces Risks

A historic surge in gold prices above $5,000 an ounce has repriced mining stocks, particularly Chinese producers, which are reporting large profit upgrades for 2025 driven by higher prices, modest production gains and efficiency improvements. Major banks and wealth managers have lifted price targets further, while analysts caution that central-bank buying and ETF flows underpin the rally even as macro risks could prompt sharp corrections.

SoBiz2026年1月29日 09:50
#gold#gold miners#Zijin Mining
A collection of fine gold bars displayed on a textured wooden surface.
Business

Market Ripples and Social Controls: China’s Gold Surge, Tencent’s Big Red Packet and a Gansu Quake Shake the Week

A 5.5-magnitude quake rattled Gansu but caused no confirmed casualties as emergency teams responded. China tightened internet protections for minors, markets saw a gold-led rally while mainland turnover topped 3 trillion yuan, Tencent plans a 1 billion yuan red-packet campaign for its new app, and KFC raised delivery prices slightly amid cost pressure.

SoBiz2026年1月26日 16:40
#Gansu earthquake#gold price#Tencent Yuanbao