Today is July 29, and the gold price in the gold store continued to rise, with an increase of not small, with a maximum of 8 yuan/gram. Regarding the future of gold prices, Phillip Streible, chief market strategist at Blue Line Futures in Chicago, said traders expect the Fed to s

Today is July 29, and gold store gold price continues to rise , with an increase of not small, with a maximum of 8 yuan/gram. At present, the gold store with the highest gold price is Lao Fengxiang , with an increase of 8 yuan/gram, and is priced at 499 yuan/gram , which is about to reach the 500 yuan range. The gold store with the last gold price is week old student , with a quotation of ,480 yuan/gram, is the same as yesterday. Today, the price difference between the price of gold in is 19 yuan/gram in , and the price difference is very large.

Specific latest prices for gold stores of major brands are shown in the table below:

After talking about the gold price, let’s talk about the platinum price. Let’s continue to take Chow Tai Fook as an example. The gold price has risen sharply today, but the platinum price remains unchanged, consistent with yesterday. The quoted 341 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 rose sharply today, and the gold recycling price also rose sharply, with an increase of 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:

After talking about the price of physical gold , let’s talk about the international gold price:

Recently, spot gold rose sharply. From July 27th to today, in 3 trading days, the price of spot gold has risen by more than $50/ounce , breaking through the 1,760 US dollar mark. Yesterday alone, rose more than $20 from around $1734 to $1757 , and finally closed up 1.29% at $1755.8 per ounce. Today, spot gold continues to rise. As of press time, the price of gold is temporarily at $1,762.75 per ounce, an increase of 0.41%.

At present, as the US dollar weakens, gold's safe-haven buying and dips provide rising momentum for gold prices. At the same time, the chairman of the Federal Reserve said on Wednesday that the future hike of interest rates depends on economic data, and the geopolitical situation of is still tense, both of which are bullish on gold prices.

However, US Treasury Secretary Yellen said the US economy is slowing down sharply, but employment is still strong, Biden said the economic slowdown is not surprising, The US economy is on the "right road" , and central banks around the world are still generally inclined to raise interest rates further, which is negative for gold prices.

For gold prices in the future, Phillip Streible, chief market strategist at Chicago Blue Line Futures, said that after GDP data confirmed recession concerns, traders expect Fed to slow down the pace of rate hikes , thereby boosting gold demand.

Generally speaking, in the short term, spot gold will still be likely to rise , and the gold price is expected to continue to fluctuate and rise. Of course, domestic gold store gold will also increase accordingly. Please pay attention!