The retail price of gold ornaments hit a record 200 yuan (25 U.S. dollars) per gram in the Chinese capital, the Economic Information Daily reported Tuesday.

In the first trading day since the week-long May Day holiday which ended on May 7, the trading price of gold with a purity of 99.95 percent closed at 175.58 yuan (21.95 dollars) per gram in the Shanghai Gold Exchange.

The trading price of gold with a purity of 99.99 percent closed at 175.67 yuan (21.959 dollars) per gram on Monday.

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