Since early September COMEX gold futures have fallen through $4,200/oz, down
over 3%, dragging Shenzhen Shuibei retail gold list prices to 1,068 yuan/gram.
The price decline ahead of the National Day holiday has hit the peak retail
season: shops report higher foot traffic, decisive wedding-driven buying,
restock frequency above last month, roughly 20–30% MoM sales growth and
stockouts of some popular styles.