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Chow Tai Fook's official flagship store on Tmall has announced that due to market factors, some products will soon be increasing in price. Including the two price increases in March and October of this year, this will be the third time Chow Tai Fook has raised prices on their gold products within the next 5 years. It is reported that some of Chow Tai Fook's best-selling gold products will see a price increase of over 30%, such as the "Five Emperors Coin Bracelet" weighing around 27 grams, which will increase by 31.6% from 38,600 yuan to 50,800 yuan. Chow Tai Fook had previously announced its plan to raise the retail prices of gold products at the end of October, with most products experiencing a price increase ranging from 12% to 18%. The group has mechanisms in place to closely monitor gold price fluctuations and make timely adjustments to prices in response to market changes.
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