Shuibei gold prices drop cold, Shuibei merchants say silver sales plummeted by 90%.

Today, the prices of gold and silver have fluctuated significantly. Reporters found that both popularity and sales in the Shuibei market in Shenzhen have decreased significantly, with many consumers choosing to "trade in old for new". Merchants explained, "The trading volume may not be as high as before, investment clients still buy in small batches, around 5 grams or 10 grams." The fluctuation in the price of gold not only affects the retail end, but also gradually transmits to the wholesale sector. Some wholesale merchants told reporters that due to the sharp increase in gold prices today, the quantity of goods taken by wholesalers has significantly decreased, with overall sales decreasing by about one-third compared to yesterday. "Customer purchase volumes will be halved because of the large market fluctuations, fearing sudden drops or spikes. Previously, they would purchase one or two kilograms, but now they buy in quantities of 200 or 500 grams." As for silver, although prices have risen today, consumer willingness to purchase is low due to previous large price declines. Merchants said, "Before the New Year, silver could be sold for 24 yuan per gram, but during the lowest point recently, it was around 15 yuan per gram, and sales have dropped by over 90%."