anna wholesale jewelry and accessoried
1 thought on “anna wholesale jewelry and accessoried Why does gold rise and fall? What are the factors that affect the price of gold?”
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anna wholesale jewelry and accessoried
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united states jewelry wholesale Among all investment varieties, gold has always been the heart of many Chinese investors. They always pay attention to the trend of gold prices. So, what are the direct factors that affect the price of gold?
The first factor is the international situation. Gold is an internationally recognized trading medium. As one of the most important risk aversion products, gold has been restricted during the period when war and evidence are turbulent. It will buy gold to avoid risks, bringing the price of gold, the so -called "guns rang, gold and two".
The second factor is the worldwide financial crisis. When the financial system is unstable and affects a large financial crisis, it will also bring about gold prices.
The third is the US dollar. The US dollar and gold are also important reserve assets in the international market. It can be said that it is two relatively opposite indicators. The US dollar performance is good, the gold trend will be weakened, and otherwise it will be strengthened.
The fourth is currency. When the inflation rate is higher, the weaker the currency purchasing power, that is, the same money can only buy less things. Price increased. The same is true when currency tightening.
The fifth is international oil prices. As an international strategic reserve resource, oil is known as black gold. , Gold rose, oil falling, gold falling.
The sixth is the market interest rate. If the market interest rate rises, the interest can get greater income, and the investment value of gold will fall, thereby decline in price; if interest rates fall, investors will turn their attention to the gold market, Gold price rises.
The seventh is the national economic situation. When the national economy is good, the idle funds in the hands of the people will increase and the level of purchasing power will rise, which will promote the people to buy gold and lead to rising gold prices. When economic downturn, this demand will weaken is not conducive to gold prices.