Friday, March 28, 2025

Gold Jewelry Prices Soar Overnight, and the International Gold Price Reaches a New Historic High

Gold Jewelry Prices Soar Overnight, and the International Gold Price Reaches a New Historic High

On March 28, 2025, the gold market witnessed a remarkable surge. According to Wind data, gold futures continued to rise sharply on the 28th. As of the release of relevant reports, the spot price of London gold was quoted at 3,065.230 US dollars per ounce, and the price of COMEX gold reached 3,103.3 US dollars per ounce. Since the beginning of this year, the price of gold has increased by more than 16%.

On the previous day, that is, on March 27 local time, the spot price of London gold closed up 1.21%, at 3,055.552 US dollars per ounce, and the COMEX gold futures rose by 1.54%, at 3,069.1 US dollars per ounce. Both hit new historic highs during the trading session.

Affected by the sharp rise in the international gold price, the prices of domestic branded gold jewelry also increased significantly. The reporter's inquiry on the 28th found that the prices of many well-known branded gold jewelry rose notably. Among them, the selling price of Chow Sang Sang's gold jewelry rose to 934 yuan per gram, an increase of 11 yuan per gram compared with the previous day; Laomiao Gold was 929 yuan per gram, also an increase of 11 yuan per gram compared with the previous day; the prices of gold jewelry of Chow Tai Fook, ZLF, and Lukfook Jewelry all reached 921 yuan per gram.


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