International gold and silver prices surge rapidly, while domestic gold jewelry per-gram prices fall below 1400 yuan.

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Reporter丨Zeng Jingjiao, trainee reporter Lin Qianwei

Editor丨Xie Zhen

On the afternoon of March 27, gold and silver prices surged. As of 13:35, spot gold was quoted at $4,473 per ounce, up more than 2% during the day, up more than $90 during the day. Spot silver rose above $70, up more than 3% during the day.

For domestic gold jewelry, the prices of gold jewelry from major brands have continued to fall, and many per-gram prices have dropped to below 1,400 yuan. Among them, Chow Sang Sang’s fine gold jewelry was reported at 1,364 yuan per gram, down 40 yuan from 1,404 yuan per gram the previous day. Lao Miao Gold’s fine gold jewelry was reported at 1,365 yuan per gram, down 45 yuan from 1,410 yuan per gram the previous day. Ifengxiang’s fine gold jewelry was reported at 1,368 yuan per gram, down 40 yuan from 1,408 yuan per gram the previous day.

In addition, today’s big gold seller started dumping related topics, which climbed to the hot search list and drew market attention.

According to a report by CLS Finance and Economics, based on the latest data released by the Central Bank of Turkey, Turkey’s gold reserves decreased by 6 tons in the week of March 13, and again fell by 52.4 tons in the week of March 20, with reserves declining sharply. An insider revealed that some gold was directly sold, while most was used via swap agreements to obtain foreign exchange or lira liquidity. Over the past decade, Turkey has been one of the world’s most active gold buyers, and its leadership has long been committed to reducing reliance on U.S. dollar-denominated assets. According to data from the World Gold Council, as of the end of January, the Central Bank of Turkey held 603 tons of gold, valued at $135 billion.

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责任编辑：Gao Jia