Citing TechFlow, on December 27, gold jewelry prices have recently exceeded 1,400 CNY. Despite the rising gold prices, the recycling and processing market has shown a 'polarized' trend. Mr. Chen, with over 20 years of experience in gold recycling, noted that the current recycling price is 1,000 CNY per gram, up from around 900 CNY in October. He explained that during the rapid price surge in early 2025, many investors and consumers cashed out at high prices, leading to a short-term spike in recycling volumes, which have since stabilized. (Qilu Evening News)
Gold Jewelry Prices Surpass 1,400 CNY, Recycling Market Faces Divergence
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Summary
Gold prices have pushed above 1,400 CNY, with the fear and greed index in the crypto market showing mixed signals. Recycling prices have climbed to 1,000 CNY per gram, up from 900 CNY in October. Mr. Chen, a veteran in the gold recycling sector, noted a short-term spike in recycling volumes after the early 2025 price surge. The market has since stabilized, though the fear and greed index remains a key indicator for both traditional and crypto markets.
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