The international gold price has been on a downward trend recently. As of today, the spot gold price has fallen below $4,200 per ounce. Consequently, the gold jewelry prices of several major domestic gold and jewelry brands have collectively declined. On June 10th, the gold jewelry price for Chow Tai Fook and Lao Miao Gold was quoted at 1,276 yuan per gram, while Chow Sang Sang reported its gold jewelry price at 1,277 yuan per gram.
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