Hourly chart of gold price
Gold quotation:
Gold price 1 162.04/263.4
Unit USD/oz Yuan/g
The quotation time is 201612122: 53.
What is the price of gold today? 263.4.
Analysis of today's gold price trend;
On Thursday (65438+February 1), the international spot traded around 1 162.04 USD/oz, and on Wednesday (165438+1October 30th), it was greatly affected by the expansion of USD. The decline in gold prices is hard to stop, and the lowest in the US market fell to 65,438+. Recently, risk sentiment has returned, and gold has suffered a perfect storm, including the rise in stock market and bond yields, a large number of gold ETFs lightening their positions, and speculative investors withdrawing. And all this is far from over. Normally, lower gold prices will stimulate consumption, but the measures taken by India have put consumption on the brakes.