The gold fell on may 20th! China's latest gold prices are clear
It is wednesday, 20 may 2026. When i got up early, i used to brush the price of gold, and it turned out a little unexpected — the gold fell again, and it fell real. The price goes down, whether it's an international plate, a domestic exchange, or what we can touch in a gold store。
Many friends have been asking, "what is the price now?" how much for chinese gold today? What's the recovery price? I've sorted out the most up-to-date and real prices for today, and i've told you in big white, not bending, not playing。
First, look at the big deal: today the base price of the renminbi is falling
Let's make it clear that this is the benchmark for all gold stores to price, recover, and call the shanghai gold exchange au9999 spot price, which, in white, is the nudity price of raw materials, free of process and without brand premiums。
As at 11 a. M. On may 20th:
• au9999:985/g in cash at shanghai gold depot
• gold t+d (most active spot in the country): $981. 5/g, more than $17 per day
• major futures of gold: €980. 8/g, down by almost $20
In a simple sentence, today the price of domestic gold is flat and flat at $1,000/g, moving between $980-985/g. It's a lot cheaper than last month; it's a lot cheaper than last may。
The international side is also falling: london's gold is about $4464 per ounce, and last night went all the way down this morning, and then i used the big white word, not the words i couldn't understand。
Ii. China gold gate price: how much is the 20 may gold
The most important concern is to buy jewelry at a gold store, especially how much chinese gold is sold today. I've been looking at the national uniform retail price today
1. Chinese gold (foot money 999/9999)
• retail price today: $1382/g
• compared to yesterday: reduced by a few dollars, the lowest-priced and most pro-people category in the mainstream brand
2. Other mainstream brands today's reference price (for ease of comparison)
• fengxiang: $1392/g
• dafu zhou: $1396/g
• zhou zhou zhang: $1393/g
• six-favorite jewellery: $1394/g
Let me just say that chinese gold today is the cheapest, $1382/g, and hong kong is the most expensive, close to $1,400/g。
For example, you buy a 30-gram bracelet
• chinese gold: 30x1382≈41460 yuan
• dafu zhou: 30x1396≈41880 yuan
• difference: $420, almost a good meal。
Iii. Investment gold bar prices: how much is a bank/gold store today if you want to buy it
Many friends are not buying jewelry, they want to invest, preserve value, or hoard gold, so don't go to a jewelry store to buy craft money, or to a bank or a chinese gold store to buy investment money。
Bank gold bars (reference today, 20 may)
• work like gold bars: around $1010/g
• bank investments: around $1006/g
• middle gold bars: around $1005/g
2. China gold investment box
• today, approximately: $995-1,000/g (a little cheaper than banks)
Focus: investment price + several dollars for processing; gold price + approximately 400 for branding。
You want to save value, you want to invest, you want to buy gold bars, you want to wear them, you want to look good, you want to buy jewelry, don't get mixed up。
Iv. Old gold recovery price: how much can you sell today with old bracelets and old necklaces
The price of gold has fallen recently, and many people are worried: should we sell it now? Or wait? Let's start with the real recycling price today
• chinese gold recovery price: approximately $996/g
• general gold stores/recycling stores: $989-995/g
Literally: you'll get $990-996 today for the old money, which is slightly higher than the big deal (recyclist earns a few dollars)。
A practical reminder:
• the sale of old money should not be based only on the offer, but must be repeated on the spot, examined on the spot and transferred on the spot
• do not believe in “high-priced door-to-door recycling”, much of which is the deduction of scales, the mixing and the charging of prices
• formal door shop recycling: chinese gold, old fengxiang and zhou dafu have a relatively reliable recycling operation。
Why did the gold fall again
A lot of people wonder, "how come you've been falling so fast lately?" i don't say "the fed, the rate of return on the us debt, inflation expectations," but three things ordinary people can understand:
The us's interest rate hike is up again
To put it simply: us prices have recently become a little more overstretched, and the market feels that the fed may not have reduced or even increased interest rates。
The united states dollar has changed to “value”, and you prefer to hold it, and the gold has no interest, so it doesn't taste so good, the money goes out and the price falls。
It was too much. Now it's normal
Between the beginning of this year and may, the price of gold rose from over $4,000 to $5,600 per ounce, too fast and too fast。
As with stocks, the increase would have to take a break and fall. It would have been normal, not a total collapse。
India's got less money and less international demand
India is the world's second largest consumer of gold, and recently they have significantly increased their gold import duties, resulting in a much smaller number of gold buyers at once, weak international buyouts and the price of gold being kept under pressure。
In conclusion, this fall is a short-term reversal of the “united states interest rate hike + too sharp an increase in the previous period + a fall in india’s demand” – not gold. In the medium to long term, global print money, geo-stable instability, central banks are hoarding money quietly, and the bottom line of gold preservation remains。
Should ordinary people buy or wait? I'll give you your best advice
1. Buying jewellery (marriage, gifts, daily wear)
• just as needed: can be picked and bought slowly, without waiting for “minimum points”。
Jewelry is mainly worn, and a few dozen dollars a gram is missing a few hundred dollars a piece of jewelry, and there is no need to delay things in order to wait for the lowest price。
• mind: happy, rising and regretful, jewellery is not an investment, it is consumer goods。
Purchase of gold bars (value preservation, savings, inflation resistance)
• buy in batches, not a so-ha。
For example, you plan to buy 100 grams, 30 today, 30 more, 40 more, low cost, no panic。
• do not expect a short-term surge in gold, which is slow-moving, stable and not speculative。
3. Sale of old money (deficit, change of funds, disincentives)
• do not hesitate to sell without money
• no lack of money, just fear of falling: it can be put first, and the price of money in the medium and long term is sustained
• wants to replace the new paragraph: old money offset + margin, which is more profitable than buying new money directly。
Seven: i'll put together today's prices for you to keep
• gross domestic charge (materials): $980-985/g
• chinese gold jewellery: $1382/g
• mainstream brand jewellery: $1391-1397/g
• bank investment gold bars: $1005-1010/g
• chinese gold investment bars: 995-1,000 yuan/g
• old gold recovery price: $989-996/g
Today, 20 may, the price of gold has indeed fallen, a relatively friendly price zone for friends who just needed jewelry and wanted to hoard some gold。
I'm doing this article to tell you that the most realistic, up-to-date, best-meaning price is not exaggerated, does not create anxiety, does not buy and sell. Gold is more important than anything that can be bought, worn and stored。
If you also have a concern about the price of gold, you'd like to forward this to ta, and we'll all be clear about buying gold and talking about the price。
