Chinese jewelry brand Laopu Gold announced that it will implement its first price increase of 2026, effective February 28, with updated pricing reflected online and in stores. The company typically adjusts prices two to three times a year and raised prices three times in 2025. The move comes amid continued volatility in global gold markets.
On February 18, spot gold rose more than 1.3% to a high of $4,940 per ounce before easing to around $4,920 per ounce. Spot silver climbed more than 3.8% to above $76 per ounce.
Domestically, retail gold prices showed slight divergence. Chow Tai Fook and Lao Miao Gold quoted 1,499 RMB ($208) per gram, while Luk Fook Jewellery listed 1,497 RMB ($207) per gram. Chow Sang Sang and Lao Feng Xiang remained around 1,500 RMB ($209) and 1,510 RMB ($210) per gram, respectively.
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