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on the evening of september 13, the international gold price continued to hit a record high.as of the close, the gold futures price for december delivery on the new york mercantile exchange closed at $2,610.70 per ounce., an increase of 1.17%. this week, the international gold price rose by 3.41%.

the market generally believes thatthe surge in gold prices was influenced by expectations of a u.s. interest rate cuton thursday, the u.s. department of labor reported that the u.s. ppi rose 0.2% year-on-year in august, in line with expectations. this is the last inflation data before the federal reserve holds its monetary policy meeting. the market generally expects the federal reserve to cut interest rates next week. at the same time, the european central bank also announced another 25 basis point interest rate cut.

the international monetary fund (imf) said that based on the information exchanged, the federal reserve is "about to" launch a easing cycle; us economic growth is expected to slow down and the upside risk of inflation has weakened.

according to incomplete statistics, the international gold price has hit new highs more than 20 times this year. on august 16, the international spot gold price broke through $2,500 per ounce for the first time in history.

as international gold prices hit new highs, domestic gold retail prices also rose rapidly.on september 13, topics related to gold were once ranked first in hot searches.

on september 13, domestic gold retail prices rose rapidly, with gold retail prices in gold shops of various brands rising by as much as 15 yuan.

according to chow sang sang’s official website, on the 13th, the price of pure gold jewelry was 761 yuan per gram, a sharp increase of 15 yuan per gram from the previous day.

in addition, the prices of gold jewelry from chow tai fook and luk fook jewelry brands also soared overnight, with the quoted price being 758 yuan per gram.

according to statistics, the current price of gold jewelry is between 611 yuan and 761 yuan per gram (labor costs not included), the price of investment gold bars is around 596 yuan per gram, and the price of silver is 6.9 yuan per gram.

some netizens said: "i want to sell the necklace i bought a few months ago", "when can the price be reduced a little?", "it's really too expensive."

gold prices at major gold shops on the 14th:

note: there is no uniform price for gold in gold shops (the price of gold of the same brand may vary in different regions). the above quotation is for reference only. labor costs are calculated separately. the purchase price shall be based on the gold price listed by the local gold shop on that day.

gold prices are skyrocketing. will you seize the right opportunity to buy?

source: china economic net