International gold prices fell nearly $50 on Tuesday as the Fed decision on Wednesday and market expectations that the rhetoric might be hawkish, with both the dollar and U.S. Treasury yields rising, and tensions in the Middle East continuing to ease, weighing on gold.
In the Asian market on Wednesday (May 1), spot gold prices fluctuated in a narrow range at a low of more than three weeks, and are currently trading near $2,288 per ounce.
In addition to the Fed's interest rate decision and Fed Chairman Powell's speech, it is also necessary to pay attention to the US ADP employment data for April and the US ISM manufacturing PMI data for April.
On May 1, 2024, the retail price of branded gold fell by up to 15 yuan/gram. According to the statistics of Jinglan-Gold Price Inquiry Network, the current price of gold jewelry is in the range of 570 yuan to 708 yuan per gram (labor costs are not included), the price of investment gold bars is about 552 yuan per gram, and the price of silver is 6.6 yuan per gram. Today has entered the May Day holiday, and major gold stores have launched gold preferential activities, with a discount of 20 yuan to 100 yuan per gram of gold.
1. International precious metals market
At present, the domestic gold price is 538.4 yuan per gram, the international gold price is 2288 US dollars / ounce (532 yuan / gram), the international platinum price is 935 US dollars / ounce (216 yuan / gram), the international palladium price is 942 US dollars / ounce (218 yuan / gram), and the international silver price is 26.3 US dollars / ounce (6.15 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 | 538.5 yuan/gram | real time |
| Chow Tai Fook | The price of gold | 703 yuan/gram | Down 15 |
| Liufuku Jewel | The price of gold | 703 yuan/gram | Down 15 |
| Zhou Shengsheng | The price of gold | 702 yuan/gram | Down 13 |
| Gold Supreme | The price of gold | 703 yuan/gram | Down 15 |
| Chao Hongji | The price of gold | 703 yuan/gram | Down 15 |
| Xie Ruilin | The price of gold | 703 yuan/gram | Down 13 |
| Lao Fengxiang | The price of gold | 708 yuan/g | Down 9 |
| Old temple gold | The price of gold | 699 yuan/g | Down 13 |
| Caibai jewelry | The price of gold | 689 yuan/gram | Down 6 |
| Saturday Blessing | The price of gold | 703 yuan/gram | Down 15 |
| Zhou Dasheng | The price of gold | 703 yuan/gram | Down 15 |
| Chinese gold | The price of gold | 679 yuan/gram | flat |
| Kim Dae-fook | The price of gold | 698 yuan/gram | Down 15 |
| Industrial and Commercial Bank of China | Bar prices | 553.5 yuan/gram | real time |
| China Construction Bank | Bar prices | 553.3 yuan/gram | real time |
| Minsheng Bank | Bar prices | 557.7 yuan/gram | real time |
| Ping An Bank | Bar prices | 557.2 yuan/gram | real time |
| Post Bank | Bar prices | 564.7 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, the recycling price of gold is 526 yuan per gram, the recycling price of platinum is 194 yuan per gram, the recycling price of palladium is 192 yuan per gram, the recycling price of 18K gold is 372 yuan per gram, and the recycling price of silver is 5.6 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 reported at 21217 Hong Kong dollars, about 37.43 grams of one tael, and 1 Hong Kong dollar is equivalent to about 0.9257 yuan as of press time, and labor costs/commissions are additional.
| brand | HKD/tael | HKD/g | yuan/gram |
| Chow Tai Fook gold price | 25440 | 679 | 628 |
| Chow Sang Sang gold price | 25850 | 691 | 639 |
| The price of gold in Tse Seo Lin | 25340 | 678 | 627 |
| Gold Supreme Gold Price | 25340 | 678 | 627 |
| Lao Fengxiang gold price | 25340 | 678 | 627 |
| Lukfook Jewellery Gold Price | 25340 | 678 | 6327 |
The above information is for reference only!
On May 1, 2024, international oil prices continued to fall, and the price of U.S. crude oil fell by 0.93% to $81.17 per barrel. Brent crude fell 0.79% to $85.65 a barrel. This trading day needs to focus on the U.S. EIA crude oil inventory series data, the U.S. April ADP employment data and the U.S. April ISM manufacturing PMI data, and pay attention to the Fed decision and Fed Chairman Powell's press conference.
Oil prices have started to fall again, and oil prices are expected to fall after the May Day holiday. The new round of oil price 10 working days statistical cycle, after 1 working day of statistics, the crude oil change rate reached -0.40%, and the oil price is expected to be reduced by 15 yuan/ton. The time window for the next oil price adjustment is 24:00 on May 15, 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 | 8.19 | 8.72 | 10.22 | 7.91 |
| Shanghai | 8.15 | 8.67 | 10.01 | 7.84 |
| Jiangsu | 8.16 | 8.68 | 10.48 | 7.82 |
| Tianjin | 8.18 | 8.65 | 10.15 | 7.87 |
| Chongqing | 8.25 | 8.71 | 10.53 | 7.93 |
| Jiangxi | 8.15 | 8.75 | 10.25 | 7.91 |
| Liaoning | 8.34 | 8.87 | 9.67 | 7.76 |
| Anhui | 8.14 | 8.70 | 9.90 | 7.90 |
| Inner Mongolia | 8.12 | 8.67 | 9.51 | 7.73 |
| Fujian | 8.15 | 8.70 | 10.20 | 7.86 |
| Lingxia | 8.09 | 8.54 | 9.74 | 7.74 |
| Gansu | 8.19 | 8.74 | 10.22 | 7.76 |
| Qinghai | 8.15 | 8.73 | 9.51 | 7.78 |
| Guangdong | 8.21 | 8.89 | 10.89 | 7.87 |
| Shandong | 8.15 | 8.75 | 9.47 | 7.77 |
| Guangxi | 8.25 | 8.91 | 10.04 | 7.92 |
| Shanxi | 8.13 | 8.78 | 9.98 | 7.94 |
| Guizhou | 8.32 | 8.79 | 9.69 | 7.97 |
| Shaanxi | 8.07 | 8.53 | 11.19 | 7.75 |
| Hainan | 9.30 | 9.88 | 11.20 | 7.95 |
| Sichuan | 8.28 | 8.85 | 9.62 | 7.91 |
| Hebei | 8.18 | 8.65 | 9.47 | 7.87 |
| Tibet | 9.06 | 9.58 | 10.68 | 8.40 |
| Henan | 8.20 | 8.75 | 9.41 | 7.85 |
| Xinjiang | 7.99 | 8.55 | 9.55 | 7.63 |
| Heilongjiang | 8.22 | 8.78 | 9.95 | 7.70 |
| 吉林 | 8.15 | 8.79 | 9.58 | 7.78 |
| Yunnan | 8.34 | 8.95 | 9.63 | 7.93 |
| Hubei | 8.20 | 8.78 | 10.15 | 7.85 |
| chekiang | 8.16 | 8.68 | 9.50 | 7.85 |
| Hunan | 8.13 | 8.65 | 9.65 | 7.93 |