Retail gold prices at Shenzhen's Shuibei jewelry wholesale hub fell after a recent pullback in bullion. The price decline combined with National Day promotions triggered a wave of out‑of‑town buyers; a shop salesperson said 30–40 groups of nonlocal c

2026-10-08

Retail gold prices at Shenzhen's Shuibei jewelry wholesale hub fell after a recent pullback in bullion. The price decline combined with National Day promotions triggered a wave of out‑of‑town buyers; a shop salesperson said 30–40 groups of nonlocal customers were brought to Shuibei daily during the holiday. Foreign visitors have risen, favoring diamond pieces and high-grade gold. Several bangle counters sold out despite ample pre‑holiday stock; retailers are restocking, including transfers from outside the market.