Worth finding

Lao Feng Xiang Gold Jewelry (老凤祥黄金饰品)

Gold jewelry from China's heritage jeweler (est. 1848) — classic bangles and pendants at transparent daily gold prices.

Gold jewelry pieces — bangle, rings and chains — styled on a white surface
Photo: Pexels · Pexels License · source

Should you buy it?

Good for

  • Shoppers wanting a high-value, liquid keepsake — gold holds its value across borders
  • Visitors buying for family milestones (weddings, anniversaries)
  • Anyone who wants a genuinely Shanghai heritage brand, not a generic mall jeweler

Not for

  • Bargain hunters — gold is priced by the day's market rate; there are no discounts on the gold itself
  • Tight-budget travelers — this is a premium purchase

Why it is worth considering

Lao Feng Xiang (老凤祥) was founded in Shanghai in 1848 and is one of China's oldest gold jewelers. For visitors, the draw is straightforward: classic gold pieces — bangles, pendants, simple chains — sold at the day's posted gold price plus a craftsmanship fee, so pricing is transparent even if you don't read Chinese.

Gold is sold by weight (grams). The flagship store on Nanjing East Road is a good place to browse; smaller pieces like pendants and thin bangles make the most portable purchases.

Price

Price varies — check in store

We have not verified a current price for this item.

Before you buy, check

  • Ask for the day's gold price (金价) per gram and the craftsmanship fee (工费) separately
  • Keep the invoice and certificate — they matter for customs and any future resale
  • Try pieces on in store; sizing for bangles can't be adjusted later
  • Ask about the departure tax-refund process if spending is large

Good to know

  • Carry the receipt when leaving the country; check your home country's rules on importing gold jewelry

Where to buy

Nanjing Road Pedestrian Street (南京路步行街)

Street

The flagship store is on Nanjing East Road — the best place to browse the full range

上海市黄浦区南京东路

  • Nanjing East Road, Huangpu
  • Tax refund: Check with the store
  • Information checked 2026-10-10
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Shanghai No.1 Department Store (第一百货商业中心)

Department Store

Department-store gold counters offer the same posted prices with a calmer setting

上海市黄浦区南京东路830号

  • Nanjing East Road, Huangpu
  • Tax refund: Check with the store
  • Information checked 2026-10-10
Open map

Sources

Recommendation checked 2026-10-10.