The price of gold fell sharply. What is the gold price of major gold shops in June 2022?

On June 10, the gold price of gold shops remained very stable, above 5 10 yuan/gram, and only a few gold shops showed a slight increase, basically not rising or falling. At present, the gold shop with the highest gold price has become Lao Fengxiang, which has increased by 2 yuan/gram, thus replacing Leofoo's position and offering 5 18 yuan/gram. The gold shop with the lowest price is Caibai, 508 yuan/gram. On June 10, the price difference of gold was 10 yuan/gram, which was quite large. The latest prices of major brands of gold shops are shown in the table below:

Having said the price of gold, let's talk about the price of platinum in general. Take Chow Tai Fook as an example. On June 10, the price of gold remained unchanged, but the price of platinum still fell, and the decline was not small, reaching as high as 8 yuan/gram, with a price of 374 yuan/gram. Platinum prices in other gold shops are not reported in detail for the time being.

In June 10, the price of gold did not change much, but the price of gold recovery decreased slightly, with a decrease of 1 yuan/gram. At the same time, the recycling price of each brand is different. Xiaojin roughly sorted out a few. The details are provided in the table below. The data is for reference only:

After talking about the physical gold price, let's talk about the international gold price:

On June 9th, spot gold first fell and then rose, once fell below the 1.840 USD mark, then rebounded and finally closed at 1.847.96 USD/oz. In June 10, the spot gold fluctuated downward, and it is still below the fulcrum 1847.42, looking for support at 1845. As of press time, the price of gold was tentatively reported as 1846.07 USD/oz, down 0.08%.

At present, the geopolitical situation is still tense, inflation remains high, and concerns about economic recession have intensified, all of which are providing safe-haven support for gold prices. But the European Central Bank hinted that it would raise interest rates by 25 basis points in July, and there would be more actions in September. The Fed's aggressive interest rate hike is expected to heat up, and the yields of US dollars and US bonds continue to rise, which is bad for gold prices.

In this regard, Bednarik, chief analyst of FXStreet, said that gold is trading in the recent fluctuation range, but the possibility of gold price breaking short has increased. At present, gold bears hope that the price of gold will fall below the first key support 1842.00 USD/oz.

Generally speaking, the spot gold price will not fall too much in the near future, and the gold price of domestic gold shops will not fall below 5 10 yuan/gram for the time being, which is still on the high side. Everyone wants to buy "low price gold" and so on.