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#Gate广场四月发帖挑战 Today’s Precious Metals Prices
As of Tuesday, April 7, 2026, in the morning, affected by geopolitical tensions (Strait of Hormuz) and a stronger US dollar, the precious metals market broadly retraced, and gold briefly fell below the $4,610 mark.
International spot market (USD/ounce)
Gold (XAU): about 4652 (-0.5%), with dramatic intraday movement (4616-4667).
Silver (XAG): about 72.0 (-1.0%), pulling back alongside gold.
Platinum (XPT): about 1965 (-0.1%).
Palladium (XPD): about 1482 (-0.6%).
Domestic market (RMB)
Investment gold bars / gold price: about 1028 - 1035 RMB/gram (Shanghai Gold Exchange T+D quotation).
Brand-name gold jewelry: about 1430 - 1445 RMB/gram (including craftsmanship fees from Chow Tai Fook, Lao Feng Xiang, etc.).
Silver T+D: about 17.88 RMB/gram.
Key developments
Risk sentiment cools: The market has digested its immediate reaction to the Middle East situation, causing the gold price to pull back from recent highs.
Watch the data: Going forward, keep a close eye on US PCE and CPI data; if inflation comes in above expectations, it could further pressure gold prices.