Today is October 11th. The gold prices of major gold stores fell sharply. Some gold stores fell below 500 yuan/gram, but most of them remained above 500 yuan. There is still a long way to go to lower the gold price.

Today is October 11th. The gold prices of major gold stores fell sharply. Some gold stores fell below 500 yuan/gram, but most of them remained above 500 yuan. There is still a long way to go to lower the gold price. At present, the gold store with the highest gold price and the gold store with the lowest gold price have not changed. It is still week-old Dasheng and China Gold , and the prices have not changed. The quotation for is 508 yuan/gram and 488 yuan/gram respectively. Today, the price difference between the price of is 20 yuan/gram , and the price difference is very large.

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

Saturday blessed gold price

vegetables and 100 gold price

After talking about the gold price, let’s talk about the platinum price. Let’s take Chow Tai Fook as an example. Today’s gold price fell slightly by 3 yuan/gram, and the platinum price also fell slightly, with a drop of 1 yuan, and the quotation was 367 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.

Today's gold price remained basically unchanged, but the gold recycling price fell, with a drop 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:

Yesterday, spot gold fell sharply, falling from 1699.89 to the lowest 1665.50, and finally closed down 1.69%. fell $26.71 to $1668.15/oz. Today, spot gold is showing a volatile trend, and after hitting a six-day low of $1,661.20/ounce, it has stopped falling and rebounded. Currently, it is hovering around the 1670 mark. As of press time, the price of gold is temporarily at $1,668.08/ounce, a drop of 0.03%.

At present, the UK Treasury bond sell-off has accelerated again, and the US dollar has risen for the fourth day. Investors pay attention to this week's inflation data. Fed Vice Chairman Brainard said interest rates will remain restrictive, but we must pay attention to data monitoring risks. Fed Evans also said that decision makers basically agree on the path of interest rate hikes , and there is still a chance to achieve a soft landing, which is bad for gold prices.

However, Bank of America warned that the U.S. job market will shrink significantly next year, JPMorgan CEO Dimon warned that the U.S. economy will fall into recession in six to nine months, World Bank President and IMF Chairman also believed that the global recession risk increased and called for coordinated action. In addition, the railway union rejected the temporary labor agreement facilitated by Biden , the risk of strike rekindled, and the conflict between Russia and Ukraine is still intensifying, and the struggle is endless. The situation in geopolitical is intensifying, which is beneficial to gold prices.

For gold prices in the future, SPI Asset Management partner Stephen Innes said that if the U.S. economy, which is still quite elastic, begins to weaken, gold may attract attention, but there must be clear signs that the Fed is willing to give up interest rate hikes and slow down inflation.

In general, in the short term, the downward risk of spot gold in has increased significantly , but before falling below the 1660 mark, the bulls still have a chance, and the gold price of domestic gold stores is expected to continue to fall tomorrow. You can pay attention to it~