Today is December 2, and the gold price in the gold shop rose sharply again, with the highest increase of 8 yuan/gram, which is Caibai Gold. Please note that gold jewelry is expensive again.

Today is December 2, and the gold price in the gold store rose sharply again. The highest increase in is 8 yuan/gram, which is Caibai Gold. Please note that gold jewelry is expensive again. At present, the gold store with the highest gold price is Lao Fengxiang , with an increase of up to 6 yuan/gram, and the quotation is 37 yuan/gram . The gold store with the lowest price of gold is China Gold , which still does not rise or fall , with a quotation of 488 yuan/gram . Today, the price difference between the gold price of is 49 yuan/gram , and the price difference hits a new high.

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. Today’s gold price rose by 3 yuan, but the platinum price ended with a continuous rise, with a decline of 3 yuan/gram, and the quotation was 417 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, while gold recycling price rose by 3 yuan.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 situation of international gold price :

Yesterday, spot gold fluctuated upward, stood above the $1,800 mark for the first time since August 15, rising by more than $30 from the day-lowest, and finally closed up 1.97% to $1,803.04/ounce. Today, spot gold continued to fluctuate at at high . As of press time, the price of gold was temporarily at $1,800.99 per ounce, a drop of 0.11%.

Previously, ADP data showed that the number of ADP employment in the United States recorded 127,000 in November, the smallest increase since January 2021, which may indicate that the US labor market is cooling further, and the PCE price index rose slightly by 0.3% last night, which added another evidence that price pressure is slowly easing, bringing the possibility of an upward trend to gold prices.

Tonight, we will usher in the latest November non-farm employment report. The market generally expects new jobs to hit the lowest level in the past two years, which will have a key impact on the slowdown in the rate hike in . You can pay attention to it.

In this regard, OCBC foreign exchange strategist Christopher Wong said that if the non-farm data weakens, it will indicate that the US dollar will fall further, which should further benefit gold . On the contrary, if the data unexpectedly rises, it may prevent gold from rising.

City Index Analyst Matt Simpson also said a strong jobs report will give the Fed a green light to continue hikes, while inflation remains high, which is not good for gold.

However, Fed Williams once again stated that inflation is too high and further interest rate hikes are needed. More than 30 economists believe that RBA will raise interest rates by another 25 basis points in December, and the Bank of Canada is also expected to raise interest rates by another 50 basis points in December. Most of the world's central bank still has room for further interest rate hikes, increasing the opportunity cost of holding gold, which is also negative for gold prices.

Generally speaking, in the short term, spot gold is still bullish. Everyone needs to pay attention to the non-agricultural data tonight. The gold price in domestic gold stores still has room for growth. The gold price this year is really a bit high. If you are not in a hurry to buy gold jewelry, it is better to wait.