On the last trading day of the week, spot gold closed up 1.58% at $2,414.50 an ounce. COMEX gold futures closed up 1.44% at $2,419.8 an ounce. COMEX silver futures closed up 6.36% at $31.775 an ounce. Silver has broken above $30, the highest since 2012, and has surged 32% this year, outpacing gold's gains to become one of the best-performing major commodities this year.
According to the Kitco Gold Survey, 11 experts (79%) expect gold prices to continue higher next week, and 83 retail traders (58%) expect gold prices to rise next week. Two analysts (14%) expect gold prices to fall, while 30 retail traders (21%) expect gold prices to move lower.
On May 18, 2024, the retail price of branded gold will rise by up to 12 yuan. According to the statistics of Jinglan-Gold Price Inquiry Network, the current price of gold jewelry is in the range of 600 yuan to 740 yuan per gram (labor costs are not included), the price of investment gold bars is about 581 yuan per gram, and the price of silver is 7.3 yuan per gram.
1. International precious metals market
At present, the domestic gold price is 567 yuan per gram, the international gold price is 2414 US dollars / ounce (561 yuan / gram), the international platinum price is 1084 US dollars / ounce (250 yuan / gram), the international palladium price is 1008 US dollars / ounce (232 yuan / gram), and the international silver price is 31.39 US dollars / ounce (7.32 yuan / gram).
2. The price of gold in major brand gold stores fell and rose today
| name | products | Price | Change |
| Shellfish gold | The price of gold | 566.3 yuan/gram | real time |
| Chow Tai Fook | The price of gold | 739 yuan/g | up $11 |
| Liufuku Jewel | The price of gold | 739 yuan/g | up $11 |
| Zhou Shengsheng | The price of gold | 740 yuan/gram | up $12 |
| Gold Supreme | The price of gold | 739 yuan/g | up $11 |
| Chao Hongji | The price of gold | 739 yuan/g | up $11 |
| Xie Ruilin | The price of gold | 739 yuan/g | up $11 |
| Lao Fengxiang | The price of gold | 736 yuan/g | up 9 yuan |
| Old temple gold | The price of gold | 737 yuan/gram | Up $10 |
| Caibai jewelry | The price of gold | 710 yuan/gram | up $11 |
| Saturday Blessing | The price of gold | 739 yuan/g | up $11 |
| Zhou Dasheng | The price of gold | 739 yuan/g | up $11 |
| Chinese gold | The price of gold | 679 yuan/gram | flat |
| Kim Dae-fook | The price of gold | 714 yuan/gram | up $11 |
| Industrial and Commercial Bank of China | Bar prices | 582.2 yuan/gram | real time |
| China Construction Bank | Bar prices | 581.8 yuan/gram | real time |
| Minsheng Bank | Bar prices | 577.5 yuan/gram | real time |
| Ping An Bank | Bar prices | 573.4 yuan/gram | real time |
| Post Bank | Bar prices | 574.6 yuan/gram | real time |
Note: There is no unified price for gold in gold stores (the gold price of the same brand will vary in different regions), the above quotations are for reference only, and the labor costs are additional, and the purchase is subject to the gold price listed on the day of the local gold store.
3. Precious metal recycling prices
Today's gold recycling price is 555 yuan per gram, platinum recycling price is 220 yuan per gram, palladium recycling price is 198 yuan per gram, 18K gold recycling price is 393 yuan per gram, and silver recycling price is 6.3 yuan per gram. (The gold market is volatile, and there is no fixed standard for recycling gold.) )
4. Hong Kong gold prices
Today's Hong Kong gold market is tentatively quoted at 22,430 Hong Kong dollars, about 37.43 grams of one tael, and 1 Hong Kong dollar is about 0.9259 yuan as of press time, and labor costs/commissions are additional.
| brand | HKD/tael | HKD/g | yuan/gram |
| Chow Tai Fook gold price | 26780 | 715 | 662 |
| Chow Sang Sang gold price | 27220 | 728 | 674 |
| The price of gold in Tse Seo Lin | 26680 | 714 | 661 |
| Gold Supreme Gold Price | 26680 | 714 | 661 |
| Lao Fengxiang gold price | 26680 | 714 | 661 |
| Lukfook Jewellery Gold Price | 26680 | 714 | 661 |
The above information is for reference only!
Oil Price Update:
On May 18, 2024, the price of U.S. crude oil was $79.52/barrel, and the price of Brent crude oil was $84.00/barrel. The new round of 10 working days of statistical cycle, just 2 working days of statistics, the current crude oil change rate of -0.79%, is expected to reduce the oil price by 40 yuan/ton, has not reached the 50 yuan/ton reduction standard. The next refined oil price adjustment window is 24:00 on May 29, 2024.
At present, there is no unified price of oil prices in Yunnan, Shaanxi, Sichuan, Liaoning, Xinjiang, Qinghai, Guizhou, Inner Mongolia, Tibet, Heilongjiang and other places.
| region | 92 gasoline | 95 gasoline | 98 gasoline | No. 0 diesel |
| Beijing | 8.00 | 8.52 | 10.02 | 7.72 |
| Shanghai | 7.96 | 8.47 | 9.97 | 7.65 |
| Jiangsu | 7.97 | 8.48 | 10.28 | 7.63 |
| Tianjin | 7.99 | 8.45 | 9.95 | 7.67 |
| Chongqing | 8.06 | 8.52 | 10.28 | 7.73 |
| Jiangxi | 7.96 | 8.54 | 10.04 | 7.72 |
| Liaoning | 8.15 | 8.67 | 9.45 | 7.57 |
| Anhui | 7.95 | 8.51 | 9.71 | 7.71 |
| Inner Mongolia | 7.93 | 8.47 | 9.29 | 7.54 |
| Fujian | 7.96 | 8.50 | 10.00 | 7.66 |
| Lingxia | 7.90 | 8.35 | 9.51 | 7.55 |
| Gansu | 8.00 | 8.54 | 9.11 | 7.57 |
| Qinghai | 7.96 | 8.53 | 9.29 | 7.59 |
| Guangdong | 8.02 | 8.69 | 10.69 | 7.68 |
| Shandong | 7.96 | 8.54 | 9.26 | 7.58 |
| Guangxi | 8.06 | 8.71 | 9.84 | 7.73 |
| Shanxi | 7.95 | 8.58 | 9.78 | 7.74 |
| Guizhou | 8.13 | 8.59 | 9.49 | 7.77 |
| Shaanxi | 7.88 | 8.33 | 10.94 | 7.56 |
| Hainan | 9.11 | 9.68 | 10.97 | 7.76 |
| Sichuan | 8.10 | 8.65 | 9.40 | 7.72 |
| Hebei | 7.99 | 8.45 | 9.27 | 7.67 |
| Tibet | 8.88 | 9.39 | 10.47 | 8.21 |
| Henan | 8.01 | 8.55 | 9.44 | 7.66 |
| Xinjiang | 7.80 | 8.34 | 9.32 | 7.44 |
| Heilongjiang | 7.96 | 8.53 | 9.67 | 7.47 |
| 吉林 | 7.96 | 8.59 | 9.36 | 7.59 |
| Yunnan | 8.15 | 8.74 | 9.42 | 7.74 |
| Hubei | 8.01 | 8.58 | 9.96 | 7.66 |
| chekiang | 7.97 | 8.48 | 9.29 | 7.65 |
| Hunan | 7.95 | 8.45 | 9.45 | 7.74 |