First of all, the rise of pearl price is caused by the change of supply and demand. In recent years, with the development of China's economy and the improvement of people's living standards, people's demand for pearls has gradually increased, but the output of pearls is relatively stable, which leads to the imbalance between supply and demand and the rising price of pearls.
Secondly, there is a certain "bubble" component in the pearl market. In order to maximize profits, some merchants have taken some improper measures, such as exaggerating the origin and quality of pearls, or passing ordinary pearls off as high-quality pearls, thus pushing up the price of pearls. In addition, some investors also use pearls as a speculative tool to gain high profits by hoarding pearls, further pushing up the price of pearls.
Therefore, although the rise of pearl price is caused by the change of supply and demand, there is also a certain "bubble" component. For consumers, we should treat the pearl market rationally, don't be confused by excessive prices, and choose merchants with good reputation and reasonable prices to buy pearls. For investors, we should also invest cautiously, don't blindly follow the trend and avoid the losses caused by speculation.