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Laopu Gold’s Searing Rally Cools as Sales Slip, Bullion Falls

Laopu Gold’s Searing Rally Cools as Sales Slip, Bullion Falls
Bloomberg Markets Tuesday 16 June 2026, 23:00 UTC By Charlie Zhu, Lulu Shen, Daniela Wei, Kelly Li 1 min read
Key Points

Laopu Gold’s Searing Rally Cools as Sales Slip, Bullion Falls Slowing sales, a slump in its share price and a selloff in the gold market are fueling concerns that Laopu Gold Co., one of China’s hottest consumer brands, is losing momentum. Monthly sales at the premium gold jewelry maker’s physical stores declined by mid-double digits year-on-year between March and May, according to data from Chinese research firm BigOne Lab analyzed by Bloomberg News.

Laopu Gold’s Searing Rally Cools as Sales Slip, Bullion Falls Slowing sales, a slump in its share price and a selloff in the gold market are fueling concerns that Laopu Gold Co., one of China’s hottest consumer brands, is losing momentum. Monthly sales at the premium gold jewelry maker’s physical stores declined by mid-double digits year-on-year between March and May, according to data from Chinese research firm BigOne Lab analyzed by Bloomberg News.
Laopu Gold’s (ORG) Rally Cools (ORG) Sales Slip (ORG) Bullion Falls Laopu Gold’s (ORG) Bullion Falls (ORG) Laopu Gold Co. (ORG) China (LOCATION) Chinese (ORG) BigOne Lab (ORG) Bloomberg News (ORG)
Originally published by Bloomberg Markets Read original →

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