Gold Prices Continue to Rise, "Chinese Aunties" Hope to Break Even

Gold prices continue to rise, and "Chinese Aunties" hope to break even—since the beginning of this year, international gold prices have increased by over 22%, returning to the levels seen in June 2013, which means that investors who bought in during that time have now broken even. However, international gold prices have not yet returned to the levels before the sharp decline in April 2013, leaving those "Chinese Aunties" who purchased gold earlier still at a loss.

世贸通
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  Since the beginning of this year, international gold prices have increased by over 22%, and gold prices have returned to the levels seen in June 2013, which means that investors who bought in during that time have now broken even. However, international gold prices have not yet returned to the levels before the sharp decline in April 2013, leaving those "Chinese Aunties" who purchased gold still at a loss.


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  Gold, which has been neglected for three years, is making a strong comeback, rising continuously this year and setting new highs. Gold prices have broken through significant thresholds. In terms of international gold prices, COMEX gold has surpassed $1300 per ounce; domestically, Shanghai gold has surpassed 270 yuan per gram. Currently, international gold prices have returned to the levels seen in June 2013, meaning that some "Chinese Aunties" who bought in after that time have now broken even, not accounting for transaction costs. (Source: Hexun.com)

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