Today is September 21st, and gold prices are down slightly. It seems to have started to rise and fall again, but today's decline is not big, only about 2 yuan, some of the gold price unchanged. Currently the first gold store with the highest gold price is Lao Fengxiang, not rising or falling, with a price of 494 yuan per gram. The lowest gold price gold store is still Cai Bai, the same price unchanged, the price of 482 yuan / gram. Today's gold difference of 12 yuan / gram, the difference is very large.
The latest prices of major brands of gold stores are shown in the table below:
Today's (September 21, 2023) gold store gold prices at a glance
Gold store offer
Today's gold prices
Unit
Volatility
Highs and lows
Lao Temple gold prices
488
RMB/g
Three
Fall
Liu Fook Gold Price
491
RMB/g
0
Peaceful
Zhou Da Fook Gold Price
489
RMB/g
2
Fall
Saturday Fook Gold Price
492
Yuan/g
0
Ping's
Highest Gold Price
489
Yuan/g
2
Fall
Laofengxiang Gold Price
494
Yuan/ gram
0
Ping's
Chiu Hong Kei Gold Price
489
RMB/g
2
Autumn
Chow Sang Sang Gold Price
487
RMB/g
3
Autumn
Cai Bai Gold Price
482
RMB/g
0
Flat
China's Gold Price
488
RMB/g
0
Flat
Zhou Dasheng's Gold Price
493
RMB/g
0
Flat
Today, the gold price fell slightly, and so did the gold recycling price, down 1 yuan/gram. At the same time, the recovery price of each brand is different. Small gold roughly organized a few. For more information, please see the table below. Data for reference only:
Today's gold store gold recovery price list (September 21, 2023)
Recycling offer
Today's gold price
Unit
Golden
375
RMB/g
Cai Bai gold
369
Chow Sang Sang Gold
370
RMB/g
Chow Tai Fook Gold
371
RMB/g
Lao Fung Cheung Gold
372
RMB/g
Finishing with the price of physical gold, let's talk about the international price:
Spot gold rose yesterday. >Spot gold rose and then fell yesterday. After failing to challenge the $1,680 mark, it fell sharply. At one point it fell to its lowest level in more than two years. The high was once down about $20, and finally closed down 0.66% at $1664.94 per ounce. Today's spot gold fell and then rose and fell again, the lowest fell to 1660.8 U.S. dollars / ounce, the highest rose to 1776.13 U.S. dollars / ounce. As of press time, the gold price temporarily reported 1671.06 U.S. dollars / ounce, or 0.37%.
The U.S. dollar has now risen to more than 20-year highs, and two-year U.S. bond yields are at their highest level in nearly 15 years.In August, Canada's annual inflation rate slowed to 7.0 percent. The Bank of Canada said that inflation is moving in the right direction, but it is still too high and it will take all necessary measures to reduce it. European Central Bank President Christine Lagarde also said that interest rates may need to be raised to levels that limit economic growth, which would be negative for gold prices.
However, the S&P. P 500 hit a nearly two-month low on nervousness ahead of the Fed's decision announcement and pessimistic speculation about Ford. The euro zone's current account posted a high deficit in July as high oil and gas prices spurred imports. Meanwhile, in Russia and Ukraine, four occupied regions of Ukraine are planning to hold a referendum on Russia, which would favor gold prices.
On the outlook for gold prices, Wayne Gordon, a wealth management strategist at UBS Group AG, said: With U.S. 10-year real yields expected to exceed 1 percent and the dollar strengthening, we expect more money to flow out of ETFs and futures in the coming months, and gold could fall further to around $1,500.
Some analysts, however, remain optimistic that gold prices could still rebound. Gold is extremely vulnerable to short-covering, as the current short position is higher than 90 percent of what it has been for the past two years, commodities analysts at Societe Generale said.
Related Q&A: how much does gold cost a gram now 2021 2021, gold is about 340 dollars a gram. At present, the international price of gold in basically maintained at about 340 yuan per gram. And different gold stores specific gold prices have will have to do different, such as Chow Tai Fook foot gold per gram at 354 yuan, Chow Sang Sang foot gold price at 353 yuan per gram, the old temple gold per gram of foot gold price will be at 353 yuan, old phoenix Cheung foot gold price per gram is 349 yuan, and the price of six Fook Jewelry will be at 354 yuan per gram. Gold as the national gold general monetary metal, it has the role of value preservation, stored value, its price by the international economic impact. For example, the dollar trend, inflation and so on. For example, the dollar trend: when the dollar trend up, up means that the dollar is high, investment or speculators buy a large number of dollars, resulting in a reduction in the demand for gold, gold prices therefore fell; Conversely, the dollar trend down, the dollar is not worth money, people tend to avoid harm have to invest in gold, resulting in higher gold prices. 1. Gold has always been a favorite thing, because of its preciousness, in ancient times was also used for currency circulation, not only can make headdresses, earrings, but also can act as our currency. 2. Every moment of the world is characterized by localized turmoil due to interests, competition for natural resources and other factors. They may lead to terrorist attacks or even wars, both attacks and wars will cause the loss of tangible assets, such as houses, cars, private fields, and at the same time, the local currency will be due to the shortage of materials caused by the phenomenon of money without market, resulting in currency devaluation. This time gold as a risk aversion currency plays a very important role, the economic ability of the people will be exchanged for gold in advance, a large number of gold exchange so that the price of gold rose. International gold prices will also rise. 3. Gold as a representative of the hedge assets, as long as not as the main investment tool, but part of the family assets, is worth investing in. Appropriate allocation of a portion of gold, used to preserve value and balance risk, can make the overall assets healthier. As gold and the trend of the global economy generally into an inverse relationship, the economic situation is thriving when, and no one has thought about the problem of risk aversion, so the configuration of gold assets, accounting for the entire investment amount of 5% -10% can be.