The gold market ushered in a strong rally, with the price of gold surging nearly $30 yesterday, or 1.18%, to close at $2,385 an ounce. The rally was helped by a weaker-than-expected increase in the US consumer price index (CPI) in April, as well as weak retail sales data, both of which strengthened market expectations that the Federal Reserve may cut interest rates. A weaker US dollar and lower US Treasury yields also contributed to the rise in gold prices.
In early trading on May 16, 2024, spot gold prices maintained an upward momentum, once refreshing a nearly one-month high to $2,397 per ounce, close to the $2,400 mark. Today's main focus will be on the change in the number of initial jobless claims in the United States, the performance of the housing market and the monthly rate of industrial production in April, as well as the speeches of Fed officials.
On May 16, 2024, the retail price of branded gold will rise by up to 11 yuan. According to the statistics of Jinglan-Gold Price Inquiry Network, the current price of gold jewelry is in the range of 590 yuan to 734 yuan per gram (labor costs are not included), the price of investment gold bars is about 577 yuan per gram, and the price of silver is 7 yuan per gram.
1. International precious metals market
At present, the domestic gold price is 560.8 yuan per gram, the international gold price is 2391 US dollars / ounce (554 yuan / gram), the international platinum price is 1070 US dollars / ounce (246 yuan / gram), the international palladium price is 1010 US dollars / ounce (233 yuan / gram), and the international silver price is 29.55 US dollars / ounce (6.8 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 | 560.5 yuan/gram | real time |
| Chow Tai Fook | The price of gold | 732 yuan/gram | up 9 yuan |
| Liufuku Jewel | The price of gold | 732 yuan/gram | up 9 yuan |
| Zhou Shengsheng | The price of gold | 734 yuan/gram | up $11 |
| Gold Supreme | The price of gold | 732 yuan/gram | up 9 yuan |
| Chao Hongji | The price of gold | 732 yuan/gram | up 9 yuan |
| Xie Ruilin | The price of gold | 733 yuan/g | Up $10 |
| Lao Fengxiang | The price of gold | 730 yuan/g | up 8 yuan |
| Old temple gold | The price of gold | 729 yuan/gram | up 8 yuan |
| Caibai jewelry | The price of gold | 699 yuan/g | up $4 |
| Saturday Blessing | The price of gold | 732 yuan/gram | up 9 yuan |
| Zhou Dasheng | The price of gold | 732 yuan/gram | up 9 yuan |
| Chinese gold | The price of gold | 679 yuan/gram | flat |
| Kim Dae-fook | The price of gold | 727 yuan/gram | up 9 yuan |
| Industrial and Commercial Bank of China | Bar prices | 577.0 yuan/g | real time |
| China Construction Bank | Bar prices | 575.0 yuan/g | real time |
| Minsheng Bank | Bar prices | 574.1 yuan/gram | real time |
| Ping An Bank | Bar prices | 575.2 yuan/gram | real time |
| Post Bank | Bar prices | 578.3 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 548 yuan per gram, the recycling price of platinum is 216 yuan per gram, the recycling price of palladium is 203 yuan per gram, the recycling price of 18K gold is 388 yuan per gram, and the recycling price of silver is 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 22190 Hong Kong dollars, about 37.43 grams for one tael, and 1 Hong Kong dollar is about 0.9245 yuan as of press time, and the labor fee/commission is additional.
| brand | HKD/tael | HKD/g | yuan/gram |
| Chow Tai Fook gold price | 26540 | 709 | 655 |
| Chow Sang Sang gold price | 26970 | 721 | 666 |
| The price of gold in Tse Seo Lin | 26440 | 707 | 653 |
| Gold Supreme Gold Price | 26440 | 707 | 653 |
| Lao Fengxiang gold price | 26440 | 707 | 653 |
| Lukfook Jewellery Gold Price | 26440 | 707 | 653 |
The above information is for reference only!
On May 16, 2024, domestic oil prices ushered in the largest decline
Domestic refined oil prices fell the most during the year. Gasoline was lowered by 235 yuan/ton, and diesel was reduced by 225 yuan. tons, that is, the price of No. 92 gasoline decreased by 0.18 yuan per liter, the price of No. 95 gasoline decreased by 0.19 yuan per liter, and the price of No. 0 diesel decreased by 0.19 yuan per liter! The next refined oil price adjustment window is 24:00 on May 29, 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 | 8.00 | 8.52 | 10.02 | 7.72 |
| Shanghai | 7.96 | 8.47 | 9.97 | 7.65 |
| Jiangsu | 7.97 | 8.48 | 10.28 | 7.63 |
| Tianjin | 7.99 | 8.45 | 9.95 | 7.67 |
| Chongqing | 8.06 | 8.52 | 10.28 | 7.73 |
| Jiangxi | 7.96 | 8.54 | 10.04 | 7.72 |
| Liaoning | 8.15 | 8.67 | 9.45 | 7.57 |
| Anhui | 7.95 | 8.51 | 9.71 | 7.71 |
| Inner Mongolia | 7.93 | 8.47 | 9.29 | 7.54 |
| Fujian | 7.96 | 8.50 | 10.00 | 7.66 |
| Lingxia | 7.90 | 8.35 | 9.51 | 7.55 |
| Gansu | 8.00 | 8.54 | 9.11 | 7.57 |
| Qinghai | 7.96 | 8.53 | 9.29 | 7.59 |
| Guangdong | 8.02 | 8.69 | 10.69 | 7.68 |
| Shandong | 7.96 | 8.54 | 9.26 | 7.58 |
| Guangxi | 8.06 | 8.71 | 9.84 | 7.73 |
| Shanxi | 7.95 | 8.58 | 9.78 | 7.74 |
| Guizhou | 8.13 | 8.59 | 9.49 | 7.77 |
| Shaanxi | 7.88 | 8.33 | 10.94 | 7.56 |
| Hainan | 9.11 | 9.68 | 10.97 | 7.76 |
| Sichuan | 8.10 | 8.65 | 9.40 | 7.72 |
| Hebei | 7.99 | 8.45 | 9.27 | 7.67 |
| Tibet | 8.88 | 9.39 | 10.47 | 8.21 |
| Henan | 8.01 | 8.55 | 9.44 | 7.66 |
| Xinjiang | 7.80 | 8.34 | 9.32 | 7.44 |
| Heilongjiang | 7.96 | 8.53 | 9.67 | 7.47 |
| 吉林 | 7.96 | 8.59 | 9.36 | 7.59 |
| Yunnan | 8.15 | 8.74 | 9.42 | 7.74 |
| Hubei | 8.01 | 8.58 | 9.96 | 7.66 |
| chekiang | 7.97 | 8.48 | 9.29 | 7.65 |
| Hunan | 7.95 | 8.45 | 9.45 | 7.74 |