China's Pure-Gold Jewelry Prices Range From 1,196 to 1,206 Yuan

Chinese jewelry brands priced pure-gold pieces from 1,196 to 1,206 yuan per gram on Oct. 24 as spot gold fell below $4,000 an ounce, with the quotes about 100 yuan below levels from a month earlier.

老庙黄金 priced pure-gold jewelry at 1,196 yuan per gram, down 12 yuan from the previous day. 周生生 listed 1,200 yuan per gram, 周大福 listed 1,202 yuan and 老凤祥 listed 1,206 yuan. The latter three prices each fell 6 yuan in a day.

Prices at domestic jewelry brands were generally near 1,300 yuan per gram on Sept. 24. By Oct. 24, the four listed prices had fallen by about 100 yuan per gram over the month.