On Tuesday, the situation in the Middle East eased somewhat, dampening safe-haven demand for gold, but the conflict did not end, and gold and silver prices did not fall sharply, but gave up a small part of the gains. Gold prices fell after rising in the previous session, as traders remained focused on the Fed's interest rate cut prospects.
On Tuesday, the U.S. dollar index rose steadily, falling to an intraday low of 105.04 before the U.S. market, before recovering all losses and turning higher, finally closing up 0.27% at 105.37.
As of the end of April, the mainland's foreign exchange reserves were US$3,200.8 billion, down US$44.8 billion from the end of March. The central bank's gold reserves were reported at 72.8 million ounces, up 60,000 ounces from the previous month, achieving "18 consecutive increases".
CCTV Finance: During the May Day holiday, affected by the decline in international gold prices, terminal gold prices and sales fell significantly. In Shenzhen's Shuibei market, the price of gold on May 6 was 546 yuan per gram, down a lot from the peak of 580 yuan per gram. Some merchants said that recently, there have been fewer individual customers, purchasing agents, and wholesalers coming to Shuibei, and the decrease in popularity is very obvious.
On May 8, 2024, the retail price of branded gold fell by up to 4 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 711 yuan per gram (labor costs are not included), the price of investment gold bars is about 557 yuan per gram, and the price of silver is 6.6 yuan per gram.
1. International precious metals market
At present, the domestic gold price is 541 yuan per gram, the international gold price is 2309 US dollars / ounce (536 yuan / gram), the international platinum price is 975 US dollars / ounce (224 yuan / gram), the international palladium price is 970 US dollars / ounce (224 yuan / gram), and the international silver price is 27.1 US dollars / ounce (6.29 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 | 542.6 yuan/gram | real time |
| Chow Tai Fook | The price of gold | 710 yuan/gram | down 3 yuan |
| Liufuku Jewel | The price of gold | 710 yuan/gram | down 3 yuan |
| Zhou Shengsheng | The price of gold | 709 yuan/gram | down 4 yuan |
| Gold Supreme | The price of gold | 710 yuan/gram | down 3 yuan |
| Chao Hongji | The price of gold | 710 yuan/gram | down 3 yuan |
| Xie Ruilin | The price of gold | 710 yuan/gram | down 3 yuan |
| Lao Fengxiang | The price of gold | 711 yuan/gram | down 2 yuan |
| Old temple gold | The price of gold | 707 yuan/gram | down 3 yuan |
| Caibai jewelry | The price of gold | 689 yuan/gram | flat |
| Saturday Blessing | The price of gold | 710 yuan/gram | down 3 yuan |
| Zhou Dasheng | The price of gold | 710 yuan/gram | down 3 yuan |
| Chinese gold | The price of gold | 679 yuan/gram | flat |
| Kim Dae-fook | The price of gold | 705 yuan/g | down 3 yuan |
| Industrial and Commercial Bank of China | Bar prices | 558.3 yuan/gram | real time |
| China Construction Bank | Bar prices | 556.3 yuan/g | real time |
| Minsheng Bank | Bar prices | 556.4 yuan/gram | real time |
| Ping An Bank | Bar prices | 556.5 yuan/gram | real time |
| Post Bank | Bar prices | 559.9 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, the recycling price of gold is 531 yuan per gram, the recycling price of platinum is 197 yuan per gram, the recycling price of palladium is 196 yuan per gram, the recycling price of 18K gold is 375 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 quoted at 21,413 Hong Kong dollars, about 37.43 grams for one tael, and 1 Hong Kong dollar is about 0.924 yuan as of press time, and labor costs/commissions are additional.
| brand | HKD/tael | HKD/g | yuan/gram |
| Chow Tai Fook gold price | 25710 | 686 | 633 |
| Chow Sang Sang gold price | 26130 | 699 | 645 |
| The price of gold in Tse Seo Lin | 25610 | 685 | 632 |
| Gold Supreme Gold Price | 25610 | 685 | 632 |
| Lao Fengxiang gold price | 25610 | 685 | 632 |
| Lukfook Jewellery Gold Price | 25610 | 685 | 632 |
The above information is for reference only!
Oil Price Update:
International oil prices edged lower amid signs of easing supply concerns, while market participants turned their attention to the US inventory data to be released later today and on Wednesday.
On May 8, 2024, the price of U.S. crude oil is now at $78.08 per barrel and the price of Brent crude oil is now at $82.84 per barrel. A new round of oil prices of 10 working days of statistical cycle, after 4 working days of statistics, crude oil change rate reached -4.34%, oil prices are expected to be reduced by 200 yuan / ton, equivalent to liters, oil prices fell 0.15 yuan / liter - 0.18 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 |