Gold price pullback meets seven-day holiday, Shenzhen Shuibei gold market sees "buying spree"

During the National Day holiday, a reporter from China Securities Journal CSI Taurus, while visiting the Shuibei gold and jewelry market in Shenzhen, observed crowds streaming through the major malls, bustling with people. "The counters have been nearly packed to bursting these past few days, and the sales staff can hardly keep up." According to the person in charge of a store in the Shuibei market mainly selling wedding products, after entering the National Day holiday, the Shuibei market has ushered in its busiest consumption season of the year, with foot traffic almost four to five times the usual level, and product sales also rising sharply in tandem. "I'm getting married during the holiday, so I came specially to buy dragon-and-phoenix bangles, necklaces, and matching rings. The gold price has fallen quite a bit recently from its high in August, and a full set of the 'five golds' can save about 7,000 to 8,000 yuan." A consumer from Hunan said that she is preparing to hold a wedding soon, and now, taking advantage of the holiday and the drop in gold prices, she hurried to Shuibei to make her purchases. On October 2, the reporter saw at the Shuibei market that, according to the real-time gold price trend that afternoon, the jewelry gold price in the Shuibei market was 1,071 yuan per gram, more than 100 yuan per gram lower than the listed price at the high in late August this year.