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I just checked the gold market data and was surprised to see that the price per gram of jewelry gold has already surpassed 1,600 yuan. That's no small feat, considering it was about 32 yuan lower not long ago.
What's interesting is that the price per gram reached a peak of 1,608 yuan, showing a quite clear upward trend. The domestic gold jewelry market has definitely been moving strongly in recent days.
If this continues, it’s likely to keep breaking resistance levels. We definitely need to pay attention to how gold prices behave in the upcoming movements.