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According to reports, many gold jewelry brands have seen their gold prices surpass 960 yuan per gram.
Gold Financial News | According to the Shanghai Securities Journal, gold prices have reached a new high, and many gold jewelry brands have announced on April 3rd that the domestic price of pure gold trinkets has also risen sharply, exceeding 960 yuan per gram. Specifically, on the morning of that day, the domestic prices for pure gold (trinkets, ornaments) from CHOW TAI FOOK (01929), LUK FOOK JEWELLERY (00590) pure gold 999/pure gold, Guangdong CHJ Industry pure gold (trinkets and ornaments), and Chow Tai Fook pure gold trinkets reached 962 yuan per gram; the price for Lao Miao Gold's pure gold trinkets in the Shanghai area was 961 yuan per gram.
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Nielsen IQ: In January, China's fast-moving consumer goods market grew by 8.3% year-on-year, with alcoholic beverages, Personal Care, and beverages leading the way.
In January of this year, compared to the same period last year, driven by a strong boost from the Spring Festival, the fast-moving consumer goods sector achieved a significant growth of 8.3% across all channels, with offline channels steadily growing by 5.4%, while online channels were even stronger, reaching a growth rate of 12.5%.
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Hong Kong: The preliminary estimate of the total sales value of the Retail Trade in January was 35.3 billion Hong Kong dollars, which is a year-on-year decrease of 3.2%.
On March 3rd, the Hong Kong Special Administrative Region Government Census and Statistics Department released the latest figures on Retail Trade sales.
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