Gold prices closed higher last week on the back of recent weak U.S. jobs data, which strengthened expectations of a Fed rate cut, coupled with rising geopolitical risk aversion, and recorded its best weekly performance in five weeks.
This week, investors are keeping a close eye on the upcoming US producer price index (PPI), consumer price index (CPI) and retail sales data, which could have a significant impact on gold prices.
Based on current economic data and events, it is predicted that gold prices are likely to continue to be supported.
On May 13, 2024, the retail price of branded gold remained high. According to the statistics of Jinglan-Gold Price Inquiry Network, the current price of gold jewelry is in the range of 580 yuan to 725 yuan per gram (labor costs are not included), the price of investment gold bars is about 568 yuan per gram, and the price of silver is 6.8 yuan per gram.
1. International precious metals market
At present, the domestic gold price is 554.4 yuan per gram, the international gold price is 2359 US dollars / ounce (548 yuan / gram), the international platinum price is 994 US dollars / ounce (229 yuan / gram), the international palladium price is 973 US dollars / ounce (224 yuan / gram), and the international silver price is 28.12 US dollars / ounce (6.54 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 | 554.4 yuan/gram | real time |
| Chow Tai Fook | The price of gold | 723 yuan/gram | flat |
| Liufuku Jewel | The price of gold | 723 yuan/gram | flat |
| Zhou Shengsheng | The price of gold | 725 yuan/g | up $1 |
| Gold Supreme | The price of gold | 723 yuan/gram | flat |
| Chao Hongji | The price of gold | 723 yuan/gram | flat |
| Xie Ruilin | The price of gold | 723 yuan/gram | flat |
| Lao Fengxiang | The price of gold | 722 yuan/gram | flat |
| Old temple gold | The price of gold | 720 yuan/gram | flat |
| Caibai jewelry | The price of gold | 695 yuan/gram | flat |
| Saturday Blessing | The price of gold | 723 yuan/gram | flat |
| Zhou Dasheng | The price of gold | 723 yuan/gram | flat |
| Chinese gold | The price of gold | 679 yuan/gram | flat |
| Kim Dae-fook | The price of gold | 718 yuan/gram | flat |
| Industrial and Commercial Bank of China | Bar prices | 567.9 yuan/gram | real time |
| China Construction Bank | Bar prices | 568.4 yuan/g | real time |
| Minsheng Bank | Bar prices | 565.9 yuan/gram | real time |
| Ping An Bank | Bar prices | 566.9 yuan/gram | real time |
| Post Bank | Bar prices | 568.9 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 542 yuan per gram, the recycling price of platinum is 200 yuan per gram, the recycling price of palladium is 196 yuan per gram, the recycling price of 18K gold is 383 yuan per gram, and the recycling price of silver is 5.8 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 21,916 Hong Kong dollars, about 37.43 grams of one tael, and 1 Hong Kong dollar is equivalent to about 0.9256 yuan as of press time, and the labor fee/commission is additional.
| brand | HKD/tael | HKD/g | yuan/gram |
| Chow Tai Fook gold price | 26220 | 700 | 647 |
| Chow Sang Sang gold price | 26650 | 713 | 659 |
| The price of gold in Tse Seo Lin | 26120 | 699 | 647 |
| Gold Supreme Gold Price | 26120 | 699 | 647 |
| Lao Fengxiang gold price | 26120 | 699 | 647 |
| Lukfook Jewellery Gold Price | 26120 | 699 | 647 |
The above information is for reference only!
Oil Price Update:
On May 13, 2024, the price of U.S. crude oil is now at $77.81/barrel and the price of Brent crude oil is now at $82.31/barrel. The new round of oil prices 10 working days statistical cycle, after 8 working days of statistics, the crude oil change rate reached -4.88%, oil prices are expected to be lowered by 235 yuan / ton, equivalent to liters, oil prices fell 0.18 yuan / liter - 0.21 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 |