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Chow Tai Seng: The marginal impact of a continued sharp rise in gold prices in 2026 on the industry will diminish

Chow Tai Seng: The marginal impact of a continued sharp rise in gold prices in 2026 on the industry will diminish

老虎证券老虎证券2026/04/30 02:25
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In 2026, the marginal impact of a continued sharp increase in gold prices on the industry will decrease; after the gold tax reform policy is implemented in November 2025, the rate of adaptation at the terminal end will be faster than expected. Even after the addition of tax to the retail price, sales, according to self-operated data, are still on the rise, and it is expected that the impact of the tax reform will gradually be absorbed by the market.
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