In early trading today, spot gold fell slightly, falling below 4,500 US dollars/ounce. On the previous trading day, spot gold surged 4.35%. In the intraday period, it continued to rise above the two major marks of 4,500 US dollars and 4,500 US dollars, closing at around 4,521 US dollars, a new high since June 2. The spot silver price also rose to 66 US dollars/ounce, up more than 4.6%. Affected by this, the price of gold jewelry from many domestic brands soared overnight. An inquiry from Zhongxin Jingwei on the 20th revealed that Zhou Shengsheng's gold jewelry was reported at 1,359 yuan/gram, surging 46 yuan in a single day; Laomiao's gold and gold jewelry was reported at 1,355 yuan/gram, a sharp increase of 44 yuan in a single day; and Lao Fengxiang's gold jewelry was reported at 1,352 yuan/gram, a sharp increase of 37 yuan in a single day.

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