A salesgirl shows a gold necklace at a shop in Qionghai, Hainan province, on July 13, 2011. The price of gold jumped above $1,600 an ounce for the first time Monday night. 
A salesgirl shows gold bracelets at a shop in Qionghai, Hainan province, on July 13, 2011. The price of gold jumped above $1,600 an ounce for the first time Monday night. [Photo / CFP]