If you want to speculate in the stock market, you can see the research report of Jin Kirin analysts.ZyngapokerdownloadforpcAuthoritative, professional, timely, comprehensive, to help you tap the potential theme opportunities!

During the May Day holiday, the terminal gold price fell significantly.

Multiple brandsZyngapokerdownloadforpc: discount, price reduction!

It is reported that many brands of gold in many places have launched "May Day" offers and quotations have returned to the "5 era".

According to the China Securities News, Zhou Dasheng store sales staff said: "the holiday discount of 100 yuan per gram, 599 yuan / g after the discount, plus the cost." During the holiday period, in addition to store activities, shopping malls also offer preferential activities for the purchase of money. "

Lao Fengxiang store salesperson also said: "at present, in addition to gold is 50 yuan per gram discount, other categories of products are basically 50% discount." The May Day holiday superimposed on Mother's Day is approaching, and there are relatively large concessions for other categories of products except gold. "

In addition, according to the Ningbo Evening News, a gold counter clerk in Dongmen Yintai said that the discount activity was much stronger than usual: "the full gold jewelry priced in grams is 50 yuan per gram, reduced by 663 yuan per gram (May 2 price)." Gold is free of depreciation fee, and some of the products are discounted by 10%. "

According to a shop assistant of a gold brand in Yinzhou Wanda, during the May Day holiday, gold jewelry is reduced by 100 yuan per gram, which is calculated according to the gold price of the day, which is as low as 600 yuan per gram.

In addition to gold, the price discounts of some products represented by diamonds and Hetian jade are also relatively large.

How come no one bought it?

In sharp contrast to the popular tourist city "people following the crowd" during the May Day holiday, many gold stores are empty.

Everbright Securities (rights protection) research report shows that due to the impact of high gold prices in the short term, the retail demand for gold jewelry is weak. According to the National Bureau of Statistics, retail sales of gold, silver and jewelry above the limit increased by 3% in March 2024 compared with the same period last year.Zyngapokerdownloadforpc.1%, the growth rate is 1% lower than that in January-February 2024.Zyngapokerdownloadforpc.8 percentage points.

According to the Chao News report, during the holiday, Ms. Wang, the manager of a gold store in the Wulin business district in Hangzhou, said that business was really a little slow on this May Day holiday: "I have been working for 20 years. This year's May Day is the weakest May Day holiday. In the first three days of May Day, the weakest day only did more than 20,000 yuan of business, compared with at least 50,000 before May Day." Ms. Wang said that the high price of gold when people travel is the reason for the slow business of gold shops during the holidays.

As early as before the holiday, Ms. Wang had a premonition that sales during the May Day holiday would not be very good, so she did not arrange for employees to work overtime, which is also a rare situation. "in the past, sales overtime was arranged more or less during the holidays, because there were so many people coming in, and if we didn't work overtime, we were afraid that we wouldn't be able to receive it. Since April, the price of gold has been high, and the number of shoppers has obviously decreased."

Ms. Wang revealed that she also went to a jewelry city in Hangzhou yesterday and found that the shops also did not have many customers. "some customers say they are waiting for a big drop in June. I don't know why they say so. In fact, many customers still don't do it from Spring Festival to Women's Day and from Women's Day to May Day. As a matter of fact, the price of gold on May Day is cheap, so come and buy it quickly! " Ms. Wang sighed.

Mr. Zhang, an owner of three jewelry stores in Hangzhou, told reporters that this holiday business is really not as good as the previous holiday business, and he did not arrange for employees to work overtime. On May 2, he simply took his family to travel.

Expert: beware!

Gold experienced a roller coaster ride in April, with Au99.99 prices rising to an all-time high on April 15, according to daily trading data released by the Shanghai Gold Exchange. On the same day, the opening price was 567.01 yuan / g, the closing price was 558.68 yuan / g, and the highest price was 576.99 yuan / g.

April

At the end of the year, with the correction of international gold prices, domestic gold prices also adjusted significantly.

On April 24th, Au99.99 opened at 544 yuan / g, the highest price was 549.3 yuan / g, and the closing price was 548.33 yuan / g.

On the other hand, the retail price of domestic gold stores has gone from a peak of 737 yuan / g in mid-April to just over 700 yuan during the May Day holiday, falling by about 30 yuan in half a month, of which there is still a day when it rises and falls by more than 10 yuan / g.

A precious metals analyst at a futures company in Zhejiang said that after a record-breaking rise in precious metals this year, the current adjustment may continue. In the future, there is still a lot of room for long-term gold prices to rise, but we must pay attention to it. Gold may still face some shocks at present.

"Gold and silver will continue to adjust in the short term." Zhou Cong, general manager of Huaxi Futures Investment Consulting Department, also believes that in the medium term, gold prices may fluctuate at high levels; in the long run, gold prices may fall as the Fed's interest rate raising boots fall to the ground.

At the investment level, the related risks of gold wealth management products are also emerging. Industry analysts generally believe that for investors, the allocation of gold wealth management products needs to be more prudent.

On the one hand, factors such as the global economic situation and geopolitical risks may lead to greater volatility in gold prices. On the other hand, the return and risk characteristics of wealth management products linked to gold may also vary according to the specific product design. Investors need to carefully understand the investment scope, investment strategy, risk-return characteristics and other information of the products in order to make wise investment decisions. " Qu Ying, a researcher on Puyi standards, said.

Chen Xuanjin, a researcher at Puyi Standards, also believes that many individual investors may lack professional knowledge and up-to-date information about the gold market and choose to buy corresponding wealth management products only because of the recent rise in gold prices. and the recent development of gold-related wealth management products are mostly closed, it is difficult to buy and sell in time, these specific gold-related underlying assets investment financial products may have liquidity restrictions Affect the timely entry and exit of investors in the market, resulting in the loss of catching up and killing the fall.

Laiyuan | 21 financial materials, China Securities News, China Business News, Ningbo Evening News

SFC