On February 3rd, in Hangzhou, Zhejiang Province, gold prices have been fluctuating recently. On the morning of February 3rd, gold futures prices climbed back above $4,900 per ounce, while the price of gold jewelry rose to 1,542 yuan per gram.
A reporter observed at the Hangzhou Baima Jewelry Market that many citizens came to select gold jewelry and inquire about prices.
One customer stated that she has been purchasing gold since her graduation in 2016, when the price was only 200-300 yuan per gram.
She mentioned that her high school politics teacher explained in the very first lesson that currency always depreciates, while gold is an equivalent exchange medium for currency.
Comments