China Gold Retail Prices Fall Over 100 Yuan per Gram as Holiday Promotions Kick Off

The pullback in Chinese retail gold prices reflects international bullion weakness more than a change in domestic demand, with the holiday overlap simply amplifying promotional activity during the traditional peak season. For the physical market, the key signal is whether wedding and everyday buying absorbs the discounts or whether consumers treat the dip as a pause before returning. The open question is whether retail demand holds once holiday promotions end and international prices stabilize, since that will show whether this is seasonal noise or a genuine shift in Chinese consumer appetite for gold.