After waking up, gold prices have dropped into the 800s! Netizens are excited, saying the chance to buy a big gold bangle is now in sight.

During U.S. trading hours on the 10th, the prices of gold and silver experienced a sharp decline. The international gold price came perilously close to falling below the $4,000 per ounce mark during the session. Spot gold closed down 4.44% at $4,071.67 per ounce, while COMEX gold futures settled 4.49% lower at $4,094.10 per ounce.

In early Asian trading on the 11th, spot gold briefly dipped before turning positive, currently reclaiming the $4,100 level.

Domestically, prices for branded gold jewelry collectively fell below 1,300 yuan per gram the previous day and continued their significant downward adjustment today. Queries show that the price for full gold jewelry at Lao Feng Xiang and Chow Sang Sang is now quoted at 1,248 yuan per gram, representing a single-day drop of over 20 yuan. Chow Tai Fook full gold jewelry is quoted at 1,238 yuan per gram, a daily decrease of 38 yuan. Chow Luck Fook full gold jewelry is quoted at 1,233 yuan per gram, also down 38 yuan for the day.

Furthermore, as of the time of writing, the accumulated gold price for Zheshang Bank and China Guangfa Bank has already fallen below 900 yuan per gram, entering the 800s. Following these developments, numerous netizens have flooded social media platforms with comments like, "Woke up to gold prices in the 800s, the chance to buy a big gold bangle is here" and "Might be able to pay in full for a big gold bangle now." The key question is: at what price point would you consider purchasing a large gold bangle?