According to Jinshi Data on July 13, the US dollar was sold off as the overall consumer price index in the United States unexpectedly fell in June, boosting expectations that the Federal Reserve would start cutting interest rates as early as September. The US dollar index fell 0.49% at the end of Thursday's trading to close at 104.45 points. It had earlier hit 104.07 points, the lowest point since June 7.

Spot and futures gold prices both rose. On July 13, the reporter visited several offline gold shops and found that the prices of jewelry gold from major brands were basically above 700 yuan per gram.

In addition, a number of listed companies in the gold industry recently announced their 2024 semi-annual performance forecasts, and their overall performance was good.