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International gold prices opened higher in the morning but then declined, with increased intraday volatility

2025-06-04

Meanwhile, the gold prices of domestic brand jewelry have also undergone changes, with the prices of many brands of pure gold jewelry returning to the “thousand-yuan era”. Among them, the quoted price of Chow Tai Fook pure gold jewelry is 1,020 yuan per gram, an increase of 22 yuan compared with 998 yuan per gram the previous day. The quoted price of Laomiao Gold’s pure gold jewelry is 1,019 yuan per gram, an increase of 21 yuan compared to 998 yuan per gram the previous day.

In terms of news, on June 2nd, after the opening of the Asia-Pacific market, the international gold price broke through the key resistance level of $3,300 per ounce. The main contract of COMEX gold futures opened higher with a gap, reaching as high as $3,408.1 per ounce at one point. It rose by more than 2% within the day, marking the biggest single-day increase in nearly three weeks.

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