Gold prices rose 1% on Monday, as high inflation boosted expectations that the Federal Reserve could cut interest rates later this year due to weaker-than-expected U.S. non-farm payrolls data, while rising geopolitical concerns supported the stall in negotiations between Israel and Hamas.
On May 7, 2024, the retail price of branded gold will rise by up to 9 yuan/gram. According to the statistics of Jinglan-gold price inquiry network, the current price of gold jewelry is in the range of 580 yuan to 713 yuan per gram (labor costs are not included), the price of investment gold bars is about 560 yuan per gram, and the price of silver is 6.7 yuan per gram.
1. International precious metals market
At present, the domestic gold price is 545.7 yuan per gram, the international gold price is 2322 US dollars / ounce (538 yuan / gram), the international platinum price is 957 US dollars / ounce (221 yuan / gram), the international palladium price is 981 US dollars / ounce (226 yuan / gram), and the international silver price is 27.2 US dollars / ounce (6.33 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 | 545.3 yuan/gram | real time |
| Chow Tai Fook | The price of gold | 713 yuan/gram | up $6 |
| Liufuku Jewel | The price of gold | 713 yuan/gram | up $6 |
| Zhou Shengsheng | The price of gold | 713 yuan/gram | up 8 yuan |
| Gold Supreme | The price of gold | 713 yuan/gram | up $6 |
| Chao Hongji | The price of gold | 713 yuan/gram | up $6 |
| Xie Ruilin | The price of gold | 713 yuan/gram | up $6 |
| Lao Fengxiang | The price of gold | 713 yuan/gram | up $5 |
| Old temple gold | The price of gold | 710 yuan/gram | up 9 yuan |
| Caibai jewelry | The price of gold | 689 yuan/gram | flat |
| Saturday Blessing | The price of gold | 713 yuan/gram | up $6 |
| Zhou Dasheng | The price of gold | 713 yuan/gram | up $6 |
| Chinese gold | The price of gold | 679 yuan/gram | flat |
| Kim Dae-fook | The price of gold | 708 yuan/g | up $6 |
| Industrial and Commercial Bank of China | Bar prices | 560.0 yuan/g | real time |
| China Construction Bank | Bar prices | 559.7 yuan/gram | real time |
| Minsheng Bank | Bar prices | 559.2 yuan/gram | real time |
| Ping An Bank | Bar prices | 559.7 yuan/gram | real time |
| Post Bank | Bar prices | 557.3 yuan/g | 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 533 yuan per gram, platinum recycling price is 193 yuan per gram, palladium recycling price is 198 yuan per gram, 18K gold recycling price is 377 yuan per gram, and silver recycling price is 5.7 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 21,522 Hong Kong dollars, about 37.43 grams for one tael, and 1 Hong Kong dollar is about 0.9229 yuan as of press time, and labor costs/commissions are additional.
| brand | HKD/tael | HKD/g | yuan/gram |
| Chow Tai Fook gold price | 25870 | 691 | 637 |
| Chow Sang Sang gold price | 26290 | 703 | 648 |
| The price of gold in Tse Seo Lin | 25770 | 689 | 635 |
| Gold Supreme Gold Price | 25770 | 689 | 635 |
| Lao Fengxiang gold price | 25770 | 689 | 635 |
| Lukfook Jewellery Gold Price | 25770 | 689 | 635 |
The above information is for reference only!
Oil Price Update:
International oil prices rose across the board, with U.S. crude oil prices now trading at $78.79 per barrel and Brent crude oil prices at $83.30 per barrel on May 7, 2024.
A new round of oil prices 10 working days statistical cycle, after 3 working days of statistics, crude oil change rate reached -4.13%, oil prices are expected to be reduced by 170 yuan / ton, equivalent to liters, oil prices fell 0.13 yuan / liter - 0.15 yuan / liter. 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 |