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Gold jewelry stores on Zhongshan Road Pedestrian Street

Updated: 10 Jul 2013
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International gold prices plunged nearly 27% from $ 1,675 / oz at the beginning of this year to around $ 1,234 / oz at the end of June, signaling that 12 years of gold price increases might have come to an end.

Thanks to the influence of the plunge in the international price of gold, gold jewelry prices in China have also dropped sharply in recent months, decreasing from over 360 yuan / g in April to around 320 yuan / g now (6th July, 2013).

After several rounds of price cuts, it would appear to be a great time to purchase some gold. WOX would like to share with you some of the gold jewelry stores on the prosperous Zhongshan Pedestrian Street: 
 
1. Jin Lu Jewelry (金鹭首饰)
  
 

 
  
Price: 338-348 yuan / g (The price includes all fees.)

Jin Lu Jewelry is Xiamen's largest local jewelry enterprise which is involved in the research, production, sales and after-sales of gold, silver and other precious metals and jewels.

The company owns two large stores on Zhongshan Pedestrian Street, which sell various kinds of fine gold, silver, platinum, jade and other jewelry. One is located on Zhongshan Road at No. 81-89, and the other is near Siming Nan Road at No. 102. It has also opened outlets in Hubin Bei Road, Jiahe Road and the Lianhua area.

The stores are so large and nicely decorated that they call it “Jin Lu Jewelry Street” (金鹭首饰一条街). Hundreds of products including necklaces, bracelets, rings, pendants, earrings and auspicious beads are displayed there. 
 
2. Chow Tai Fook (周大福) and Chow Sang Sang (周生生)
  
 

 
 
 
Price: 324 yuan / g (An additional processing fee charged per gram or per piece is needed.)

These two Hong Kong jewelry heavyweights both run outlets on the first floor of the PCD Stores (巴黎春天百货) on Zhongshan Pedestrian Street.

The stores feature nice environments and decoration, but are a little smaller than some of the other shops in this list, and mainly sell gold, diamond and platinum products. However, Chow Tai Fook and Chow Sang Sang offer very fashionable, varied and well-designed products. The sales staff there are also famously professional and enthusiastic. 
 
   
Chow Tai Fook Jewellery Group Ltd is the world's largest listed jewelry chain and holds the No.1 position in the jewelry market in mainland China and Hong Kong. Its annual income reached HK $ 56.56 billion in the fiscal year to 31st March, 2012. 
 

3. CRD (克莱蒂)
  
 
 
Price: 289 yuan / g (An additional processing fee charged per gram or per piece is needed.)

CRD is involved in the design, production, sales and after-sales service of diamond products. It stands out with its bespoke service and extremely low prices on diamond products.

However the store, located at No. 333, Zhongshan Road, also has booths selling gold products. The jewelry looks nice, and is much cheaper than Chow Tai Fook or Chow Sang Sang. 
 

4. Other smaller local jewelry stores
  
 
 
Price: Around 278 yuan / g (Some stores might charge additional fees.)

There are also many more smaller family-owned jewelry stores scattered along the narrow Jukou Street. Most of these stores are run by local people and feature a very small store area. These stores offer a limited choice of gold products, but at much lower prices than in the aforementioned stores. 
 

A few tips you should keep in mind when buying gold jewelry: 
 
1. Ensure the quality of the gold jewelry, and ascertain whether additional fees are going to be charged, before you agree to buy.

2. Keep the receipt. Receipts are required if you want to repair, change or re-sell your gold jewelry. Most stores only offer after-sales service for products bought in their stores.

3. Don’t expect to make a profit from re-selling gold jewelry. Many fees are levied when re-selling jewelry, and most stores only buy their own-brand products.

4. The price of gold is unstable. Many analysts believe that the price of gold will fall further in the future, but it’s impossible to know for sure. 
 
SOURCE: WOX Info by Roland Su
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Comments Area ( Total Comments: 1 )
cocotan Commented on 13 Jul 2013
Nowdays,shopping online is very popular all over the world.more and more people choose buy from online.because online shops : easy to do , convenient and efficient.of course,we can buy everything remain within doors

however buy form china online shop seems like more popular in people.why? why do they choose china?

1 cheap : you can buy the items with a cheap price than in your country or in market

2 good quality: you can buy the items with a good quality

3 After sales service: if you dont't want to this one or want to change,china online shops will provide change or refund at most 30days

for these advantages,why not choose?

i always buy from taobao,it is the largest online shop in china,taobao has saved moer money for me,i am very glad to get the sales.but taobao has no english version,so i found a taobao agent help me to buy .they called : taobaobuying agent .they are a experienced, professional and efficient group.they help people in overseas to buy goods from China shopping website.Low service fee,cheap international shipping cost with high quality service.dont't hesitate any more!To be your taobao agent,enjoy your taobao shopping!

hope these information can help you save more money!!!