Overnight spot gold dipped below $4,000/oz, with the Shanghai Gold Exchange
Au99.99 spot contract slipping back into the '8' price band. At Caibai Jewelry's
Xicheng flagship in Beijing, 10g and 20g investment bars were the most
sought-after items; 10g basic bars and 20g zodiac horse bars were sold out by
around noon, roughly three hours after trading opened. The store quoted a 100g
bar at 88,310 yuan; customers exhausted multiple bank-card balances, paid cash
and completed remaining amounts via WeChat Pay or Alipay.