According to the data of September 1 day, the price of gold rose on Monday and the dollar fell to the lowest level in two years due to the change of the Fed's dovish policy. However, the price of gold fell for the first time in five months. Spot gold closed at 1967.38 USD/oz, up 2.87 USD, or 0. 15%.

On that day, the spot price of gold was the highest 1976.20 USD/oz and the lowest 1954. 15 USD/oz. In August, spot gold fell by 0.3% and soared to an all-time high of $2,072.49 on August 7. Comex 65438+February gold futures rose 0.2% to 1978.60 USD/oz, and fell 0.4% in August.

Extended data

In the first quarter of 2020, domestic gold prices showed an upward trend;

According to the latest statistics of China Gold Association, in the first quarter of 2020, China's gold production and consumption decreased year-on-year, domestic gold prices showed an upward trend, and gold market transactions were active.

In the first quarter, the average spot price of international gold was 1, 585.2 USD/oz, up 2 1.6% year-on-year, while the average spot price of domestic gold was 354.2 yuan/gram, up 24.2% year-on-year. The profits from gold mining and smelting in the first quarter were 654.38+0.92 billion yuan and 654.38+0.77 billion yuan respectively, up by 29.7% and 4,654.38+0.6% respectively.

China Research Network-Gold prices fell for the first time in five months. Analysis on the present situation of gold commercial industry in 2020