Gold prices are up! On January 20, 2022, the gold price of major gold stores is how much one gram

On Thursday (January 20), international gold prices held steady after hitting a high of $1844.13 an ounce since November 22, and the dollar rally limited the rally. Traders are waiting for clues about the pace of rate hikes at the Fed's next week policy meeting.

The price of gold in the gold store has remained at a high level in recent times, rarely below 480 yuan a gram. Recently, as the Fed's interest rate hike process is approaching, most of the gold store gold price quotations have also risen with the rise of international gold, and are approaching the mark of 490 yuan a gram. Next, focus on the international gold trend.

Gold Shop Offer	Gold prices today	unit	Change
Old Temple Gold Price	487	Yuan/g	Rose
Leofoo Gold Price
Chow Tai Fook Gold Price
Saturday Foo Gold Price	482		flat
Gold Supreme Gold Price
Old FengXiang gold price	489
Chao Hongji gold price
Zhou Shengsheng gold price

At 15:17 Beijing time, spot gold fell 0.05% to $1839.58/oz; the main COMEX gold contract fell 0.19% to $1839.7/oz; and the dollar index fell 0.03% to 95.541. At one point, the U.S. index fell 0.16% intraday.

International gold prices posted their best three-month single-day gain of nearly 1.5% overnight as a pullback in the U.S. dollar and geopolitical tensions around Ukraine boosted safe-haven appeal and sparked a rally in precious metals.

Russian officials have repeatedly denied plans to invade Ukraine, but the Kremlin has amassed about 100,000 troops near the Ukrainian border, which the West says is preparing for a war to prevent Ukraine from joining NATO's Western security alliance. Russia has also sent troops to Belarus for joint military exercises, giving it the option to attack Ukraine from the north.

Yang Yan, a strategic analyst at DailyFX, said that despite some profit-taking after the overnight jump, the situation in Russia and Ukraine could still push gold prices higher as investors look for safe-haven assets to hedge against geopolitical tensions.

Several Fed officials recently hinted at the imminent acceleration of rate hikes, citing a rush to contain high inflation that hit near-40-year highs in December, coupled with further tightening of the labor market. Analysts' forecasts for the Fed's pace of tightening monetary policy have risen sharply from a month ago, with inflation now seen as the biggest threat to the U.S. economy in the coming year.

Robert Kavcic, senior economist at BMO Capital Markets, wrote in a note to clients: "The Fed almost suddenly realized that policy was too accommodative for too long. To their credit, if they realize a mistake, they correct it quickly. ”

Philip Marey, senior U.S. strategist at Rabobank, said: "Due to the recent discovery that inflation is a major threat, the Fed may go too far and push the yield curve higher to an inverted. It's only a matter of time before it relapses into recession. ”

Stephen Innes, managing partner at SPI Asset Management, said gold was doing well despite the Fed's hawkish signals, and investors seemed to believe that such a sudden rate hike to contain inflation could lead to weaker economic growth.