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Gold prices hit new highs in China
As international gold prices continue to climb, gold prices in China have reached record highs. On Wednesday, several major gold brands reported prices for pure gold jewelry exceeding 1,000 yuan ($138.63) per gram, marking an all-time high. Driven by the surge in global markets, the spot gold price on the Shanghai Gold Exchange rose to above 775 yuan per gram, while the main gold futures contract on the Shanghai Futures Exchange climbed to 777.36 yuan per gram.
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