The Zhitong Finance App learned that MetalsFocus published a weekly precious metals report stating that the global precious metal jewelry market is currently facing a difficult situation. After a rare sharp rise in precious metals prices, supply chains in major global markets are being forced to adjust. Despite decades of price surges in 2025 and early 2026, which were later replaced by a round of sharp pullbacks in the overall precious metals market, the absolute value of the current price is still much higher than it was 12 months ago. High precious metal prices have undoubtedly raised the value position of precious metal jewelry and led to an increase in related revenue scale, but the same strong price also had a negative impact on the demand for jewelry measured by pure metal weight.

The Zhitong Finance App learned that MetalsFocus published a weekly precious metals report stating that the global precious metal jewelry market is currently facing a difficult situation. After a rare sharp rise in precious metals prices, supply chains in major global markets are being forced to adjust. Despite decades of price surges in 2025 and early 2026, which were later replaced by a round of sharp pullbacks in the overall precious metals market, the absolute value of the current price is still much higher than it was 12 months ago. High precious metal prices have undoubtedly raised the value position of precious metal jewelry and led to an increase in related revenue scale, but the same strong price also had a negative impact on the demand for jewelry measured by pure metal weight.