According to domestic media reports, as international gold prices continue to rise, some branded gold stores have temporarily suspended the sale of investment gold bars, replacing them with crafted gold bars. It is understood that the price difference between crafted gold bars and investment gold bars is RMB 200 to 300 per gram.
Sales staff at a Chow Tai Fook store in Beijing stated that the company currently only sells crafted gold bars. Today (August 2), the quoted price for crafted gold bar products was RMB 1,433 per gram. Investment gold bars were previously available but have now been discontinued, and it is expected that they will not be available for sale in the short term.
