Today is October 20th. The gold price of gold stores fell sharply, with the largest drop of 6 yuan/gram, and fell below the 500 yuan mark. Only week Dasheng still sticks to the price of 508 yuan/gram, and is still the first gold store with gold prices today. The last gold store with gold prices is Caibai, with a drop of 3 yuan/gram. is quoted at 486 yuan/gram . Today, the price difference between the price of is 22 yuan/gram , and the price difference is very large.
Specific latest prices for gold stores of major brands are shown in the table below:
Today's gold store gold prices (October 20, 2022) | |||||||||||
Gold store quotation | Today's gold price | Unit | Change amplitude | Today's gold price | Unit | Change amplitude | ml12 | rise and fall | |||
Laomiao Gold price | 496 | yuan/gram | 3 | 3 | fall | ||||||
|
| | | | | | 496 | yuan/g | 3 | 3 | fall |
Weekly Dafu Gold price | 496 | yuan/g | 3 | 3 | fall | ||||||
Saturday blessed gold price | 497 | yuan/gram | 3 | fall | |||||||
gold supreme gold price | 496 | yuan/gram | yuan/gram | 3 | 3 | 3 | http://www. ml11|||||
Lao Fengxiang gold price | 499 | yuan/gram | 3 | 3 | falls | ||||||
Chao Acer gold price | 496 2 | yuan/g | 3 | 3 | 0 | ||||||
| weeksheen gold price | 491 | yuan/g | 6 | 0 | 6 | 0 | |||||
0 | |||||||||||
0 | 0 | ||||||||||
Gold price | 486 | yuan/g | 3 | drop | |||||||
| Chinese gold price | 488 | yuan/g | 0 | html l0 flat | |||||||
Weekly Dasheng gold price | 508 | yuan/gram | 0 | 0 | flat |
After talking about the gold price, let’s talk about the platinum price. Let’s continue to take Chow Tai Fook as an example. Today’s gold price fell slightly by 3 yuan, while the platinum price fell sharply, with a drop of up to 7 yuan/gram, and the quotation was 366 yuan/gram. The platinum prices in other gold stores will not be reported in detail for the time being. If you want to know the platinum prices in major gold stores, please leave a message . After Xiaojin sees the message, he will add and organize it for you in the future.
Gold price fell sharply today, and the gold recycling price also fell sharply, with a drop of up to 4 yuan/gram.At the same time, the recycling prices of each brand are also different. Xiaojin has roughly sorted out a few. See the table below for details. The data is for reference only:
Today's gold store gold recycling prices (October 20, 2022) | |||
Recycling Quotation | Today's gold price | Unit | |
Gold | 378 | yuan/g | |
vegetable 10Gold | 368 | yuan/g | |
yuan/g | |||
Zhoushengsheng Gold | 369 | yuan/g | |
Zhou Dafu Gold | 370 | yuan/g | |
Lao Fengxiang Gold | 371 | yuan/gram |
After talking about the price of physical gold , let’s talk about the situation of international gold price :
Yesterday, spot gold fell again, falling below 1,630 USD/ounce from above 1,654 USD/ounce, the first time since September 28, and finally closed down 1.41% to $1,629.19 USD/ounce. Today, spot gold hit bottom and rebounded, once falling nearly 1620 mark, and is currently hovering around US$1630. As of press time, the gold price is temporarily at US$1630.99/ounce, and has an increase of 0.13%. In fact, so far, gold has fallen by nearly 11% this year.
At present, the US 10-year Treasury bond yield rose to a 14-year high, the US dollar rose with the US bond yield, Fed Kashkali said that the core inflation pressure has not yet peaked, and the market expects the Fed to continue aggressive rate hike . In addition, the surge in food prices in the UK data pushed the September inflation rate to a 40-year high, and Canada's September inflation rate also exceeded expectations. The possibility of a 75 basis point rate hike next week rose. Although the inflation rate in the September 1 euro zone was slightly downward, it was still at a historical high, which was negative for gold prices.
However, the decline in new homes in the United States in September exceeded expectations, and single-family residential construction fell to its lowest level in more than two years. The Federal Reserve said that companies are more pessimistic about the prospects, but inflationary pressure has eased. At the same time, Putin strengthened Russia's combat layout. The battle of Khlsson in Ukraine is about to break out, and the increasingly severe geopolitical situation is beneficial to gold prices.
For the future market of gold prices, FXStreet analyst Dhwani Mehtanotes said that the latest decline in gold prices opened the door to test the 2022 low of $1,614, and after , the gold price will test the $1,600 mark .
In general, the continued rise in US Treasury yields have significantly suppressed the gold price, and the expectation of further aggressive interest rate hikes is also further suppressing the gold price. In the short term, spot gold is likely to be short, while the gold price in domestic gold shops is expected to drop again. If there is a demand for buying gold in the near future, you can pay attention.
