Gold shop quotation
Today's gold price
unit
amplitude of fluctuation
High tide and low tide
Old temple gold price
505
Yuan/gram
14
rise
Liu Fu gold price
502
Yuan/gram
six
rise
Chow Tai Fook gold price
502
Yuan/gram
seven
rise
Leofoo gold price
503
Yuan/gram
six
rise
The highest price of gold
502
Yuan/gram
six
rise
Laofengxiang gold price
505
Yuan/gram
six
rise
Chaohongji gold price
502
Yuan/gram
seven
rise
Zhou Shengsheng gold price
50 1
Yuan/gram
1 1
rise
Caibai gold price
492
Yuan/gram
six
rise
China gold price
488
Yuan/gram
flat
Zhou Dasheng gold price
508
Yuan/gram
flat
At 15:30 Beijing time, international spot gold fell by 0.3 1% to 1650.78 USD/oz; COMEX gold futures main contract fell 0.05% to 1655.5 USD/oz; The dollar index rose 0.20% to 1 12.098. On the whole, although the market is weak, and it is expected that the Fed will soften its radical policy stance later this year, the price of gold is still not out of the Woods, and the market outlook will depend on how economic data affects the Fed's pace of slowing interest rate hikes.
City analyst Matt Simpson said, "I don't think gold is out of danger." He added that whether the Fed is close to suspending interest rate hikes will depend on the data released one after another before the next meeting.
San Francisco Fed President Daley said last Friday (June 5438+1October 2 1) that the central bank should avoid plunging the economy into an "involuntary downturn" and it is time to start talking about slowing down interest rate hikes. Chicago Fed President Evans also warned that pushing the federal funds rate above 4.6% would "really start to put pressure on the economy".
Fed officials are trying to ease market pessimism and hesitate to raise interest rates aggressively, which is a positive development for investors, although it will not change the expectation that the Fed will raise interest rates by 75 basis points for the fourth time in a row at the policy meeting in June 5438+065438+ 10.
The price of gold has fallen by more than 9% so far this year, because the sharp interest rate hike in the United States has increased the opportunity cost of holding gold non-fruits. Simpson of Index said: "If inflation continues to rise and the Fed does not turn, gold may fall to the range of $65,438 +0.600 to $65,438 +0.500 next year."
Looking ahead, in the face of market turmoil and emotional challenges, traders should expect gold prices to further weaken. However, the silence of Fed officials and the decision of the European Central Bank this week may lead to hawkish results or limit the downside of gold prices.
As rising prices are damaging the economic prospects of the euro zone, European Central Bank President Lagarde will choose to raise interest rates more sharply this time. Analysts at ABN amro said that it is a foregone conclusion to raise interest rates by 75 basis points. They expect the deposit interest rate to reach 3% in March next year.
Related question and answer: What's the latest price of gold today? How much is a gram of gold? Today, the price of gold recycling is around $376 per gram.
Gold is a precious metal with very high value, but the price of gold is not static, but fluctuates in real time. Affected by many factors this week, the price of gold dropped significantly. Last week, the price of gold remained around 392, but today it has fallen to 376, falling below the 380 mark.
The day before yesterday and yesterday, the price of gold fell continuously, which was the lowest since the Russian-Ukrainian war and the lowest since July. Recently, the price of gold peaked at 404 in mid-June. Today, the price of gold in 28 yuan dropped by about 376.