Today, the domestic gold price began to rise again. The gold prices of Zhou Shufu and Lao Fengxiang have risen to more than 521 yuan per gram, and only China's gold price has stabilized at 488 yuan and remained unchanged.

On Wednesday (November 9), international gold price fell from its high since October 6th set on the previous trading day. Today, the domestic gold price began to rise again. The price of gold per gram of , Saturday, Fu and , Lao Fengxiang has risen to more than 521 yuan per gram, and only , China gold price has stabilized at 488 yuan and remains unchanged. This is the gold price announced on the official website today, for reference only:

Laomiao gold price

week dafu gold price

html l9

yuan/g

Gold store quote	Today's gold price	Unit	Change amplitude	Rises and falls
	518		yuan/g	13	rise
6fu gold price	520	yuan/g			8	rise
520	yuan/gram	8	8	8	rise
Saturday gold price	Saturday gold price html l10	521	yuan/g		8	rise
	Gold Supreme Gold Price	520		yuan/g	8	rise	8	8	rise html ml3
Lao Fengxiang gold price	521	yuan/g		8	8	rise
Chao Acer gold price	502	0		flat
weekly Shengsheng gold price	517		yuan/g		12	rise
vegetarian hundred gold price	508	yuan/g		6	0 rise
	China gold price	488	yuan/g	0	flat
weekly big gold price	508		yuan/g	0	0	flat

but the price fluctuates within the day interval is relatively narrow. Cautious investors are waiting for the upcoming U.S. inflation data on Thursday (November 10). In addition, the results of the US midterm elections may have a great impact on the future economic and fiscal policy of the United States.

Beijing time 15:24, spot gold fell 0.09% to $1710.69/oz; the main contract of COMEX gold futures fell 0.12% to $1713.9/oz; the dollar index rose 0.09% to 109.727. Stephen Innes, managing partner of

SPI Asset Management, said: "After the gold price rebounded sharply, some bulls chose to take profits. If the U.S. CPI data is higher than expected, the gold price may fall below $1,690, otherwise the gold price may break through the $1,725 level."

Investors' focus is still on the U.S. Consumer Price Index report to be released on Thursday (November 10). Data performance may affect the position of Fed in the future rate hike . Economists expect the core consumer price index monthly and annual rates of the U.S. core consumer price index will slow to 0.5% and 6.5% respectively in December.

Traders now believe that the Fed raises at least 50 basis points at its December meeting, but the probability of a fifth consecutive 75 basis points is less than 45%. Gold is seen as an inflation hedge tool, but rate hikes will weaken the attractiveness of non-interest-produced assets gold.

Prudent market sentiment provides some support for safe-haven gold and may limit further declines, at least for now. Investors have become cautious as concerns about the further decline in the global economy of and the uncertainty of the results of the U.S. midterm elections.

As the market expects Republican to win in the House and has differences over the results of the Senate election, risk sentiment tends to be cautious.According to the latest US poll data, the most concerned issues for Americans in this midterm election are economy and inflation.

US media pointed out that this midterm election may have a great impact on the future economic and fiscal policy of the United States. If the Republicans achieve control over both houses of Congress in the midterm elections, it may change the U.S. economic and fiscal policy.

Regarding this, relevant experts and entrepreneurs are very pessimistic about US economy . Former Boston Fed Chairman Rosengreen said on the 8th that due to the continued inflationary pressure, the Federal Reserve will be forced to raise interest rates to higher than expected levels, and an economic recession in the United States is very likely to occur next year.