Gold prices plummeted! Recording the largest single-week decline since March 1983

NightAirdropper · 2026-03-25T21:30:00+00:00

This week, spot gold prices fell consecutively, with a decline of 15%, marking the largest single-week drop since 1983. Despite this, the Shenzhen gold market remains bustling, with consumers' purchasing enthusiasm running high, particularly as the wedding consumption peak season approaches, attracting numerous gold buyers.

NightAirdropper

2026-03-25 21:30:00

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Since this week, the spot gold price has been continuously declining, with a total drop of about 15%, marking the largest weekly decline since March 1983. Gold prices have shifted from a significant rise to a sharp fall this week, and consumers jokingly refer to this as the “Golden Monkey Market” in addition to the “bull market” and “bear market.”

The reporter observed that the gold market in Shuibei, Shenzhen, is bustling with activity. Counters at major jewelry stores are crowded with customers asking about prices. The reporter learned that after a week of consecutive price drops, consumer enthusiasm for purchasing has surged.

Several store managers told the reporter that this weekend, the foot traffic in their stores increased by about 30% compared to last week, including many buyers who traveled from other places specifically to “hunt for gold.” Especially for consumers planning to get married during the May Day holiday, seeing the sharp decline in gold prices, they have purchased wedding jewelry such as “Three Golds” and “Five Golds” in advance.

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