Gold and silver jewelry prices edged up

Gold and silver jewelry prices edged up
    Yesterday, the Shanghai Stock Exchange Gold opened at 351.96 yuan / gram, to close at 352.79 / g in January to new record high. China's gold 366 gold yesterday yuan / gram, silver price of 9.13 yuan / gram, the former than the price of upgrading 25 of about 10 yuan / gram, which raise the price over 25, 0.6 yuan / gram.
    China Gold said the person, traditionally, gold and silver sales in late October is the off-season. But gold jewelry sales up 20% over last year, silver jewelry is about 10% increment. Yesterday, Chow Sang Sang jewelry gold price of 437 yuan / gram, bullion price of 429 yuan / gram, compared with a few days ago there was up.
    Southwest International Jewelry City yesterday investment in gold bullion price of 364 yuan / gram, investment in silver bullion price of 7.78 yuan / gram, both priced the same as with the day before yesterday, but the former is higher than 25, up 12 yuan / gram, which is higher than 25 rose 0.42 yuan / gram.
    Factors that stimulate the gold hedge
    "Gold prices rose again in the end I should buy?" This is the city's many gold investors are tangled in a recent issue. After some time ago the price of gold plummeted after two days back up, hit a new high of nearly a month, but the city seems to be gold or afraid of people.
    City sources said a joint-stock banks, the early gold prices plummeted, some people are deep-set, the next step on the market trend of lack of confidence. Merchants Bank Chongqing Branch of the high order of good financial experts believe gold prices in recent days, mainly hedge factors may play a role. Now the euro area after an agreement to resolve the debt crisis, may reshape the market confidence, and thus the gold price trend in the next step to bring good news.
Gold and silver jewelry prices edged up