On October 14th, at the end of the Asian market, spot gold suddenly fell sharply in the short term ! It fell below the $1,660/ounce mark, and the gold prices of major domestic gold stores also fell. The highest gold price is still week Dasheng , with a quotation of 508 yuan/gram, and the lowest gold price is Caibai, with a quotation of 492 yuan/gram.
As of press time, the gold price of Zhonggui Treasury investment gold bar was 391/gram. It's a decline compared to yesterday. Note: China Gui Treasury Investment’s gold price today refers to Shanghai Gold Exchange gold price.
The latest prices of major brands of gold stores are shown in the table below for reference only:
Compared with yesterday, today, only week Shengsheng and Laomiao gold fell by 0.8%, about 4 yuan/gram. I have to sigh that the domestic gold price is too stable! It's really I can't move my winds in the southeast, southwest and northwest.
html September inflation report showed that the U.S. consumer price index (CPI) rose 0.4% month-on-month and 8.2% year-on-year, higher than expected 0.2% and 8.1% respectively. In addition, the U.S. core inflation rate soared to 6.6% in September, with being the highest level in 40 years.
After the release of the US Consumer Price Index (CPI) in September, spot gold plummeted to a two-week low of $1,642.29 per ounce on Thursday.
Well-known financial websites have published an article saying that after the price of gold fell below $1660.00/oz, it will further fall to the target price of $1630.00/oz. As of press time, spot gold has fallen to $1,650 per ounce.
A well-known website analyst pointed out that the US September CPI data strengthened the expectation that the Federal Reserve will raise interest rates for the fourth time in 211. This expectation has caused a sharp surge in Treasury yields and pressured gold without yields.
The gold price decline momentum in the future market is changing. Some analysts at said that they will also fall sharply by $45 , which may be close to the $1,600/ounce mark.
Judging from the current decline, the domestic gold price of is still likely to fall again, and major domestic gold stores may collectively fall below 500 yuan/gram again.
However, in the current environment, compared with using money for venture capital, more people use physical gold and art to achieve asset preservation. In , the precious vault is a place for storing valuable items, a safe deposit box rental center.