
Group 1 - Chow Tai Fook has announced that it will adjust the prices of its gold jewelry products due to fluctuations in gold prices, with the new price tags expected to be updated by the end of March [1] - The price of gold has been on the rise, reaching a historical high of 2999.268 per ounce [1] - As of March 24, the retail price for Chow Tai Fook's gold jewelry is set at 918 RMB per gram, while competitors like Chow Sang Sang and Lao Miao are priced at 915 RMB and 914 RMB per gram respectively [1][2] Group 2 - Recent fluctuations in gold prices have led to mixed reactions among consumers, with some expressing frustration over recent purchases as prices fell, while others have seen significant profits from long-term investments in gold [2] - The market is responding to price volatility by introducing smaller weight gold products to attract consumers, with online offerings priced between 8000 to 9000 RMB for earrings and necklaces, and some items as low as 559 RMB for a 0.5-gram gold bracelet [2] - Investment analysts suggest that consumers should avoid buying gold at high prices to mitigate risks, and recommend strategies like dollar-cost averaging to manage price fluctuations effectively [3]