According to CoinMeta, recently the international gold price has continued to rise, with spot gold breaking through the $4,300 per ounce mark at one point during trading, reaching a new high in seven weeks. The price of gold futures has also continued the upward trend seen in the previous few trading days. In the Shenzhen Shuibei gold market, wholesale prices have been raised in response to this trend; the wholesale price for 999 pure gold jewelry is around 1,100 yuan per gram, which is nearly 50 yuan higher than two days ago. Compared to the rush to buy gold at the beginning of the year, the current consumer behavior in purchasing gold is undergoing significant changes. Investors are becoming more cautious, while the demand for gold for weddings and for value preservation has become the main driving force in the market. The business of gold recycling and trading in used gold for new products is showing a clear imbalance in popularity.