The international gold price is closely related to the following points:
1, dollar index. Because the monetary unit of gold is the US dollar, if the US dollar strengthens, the intrinsic value of the US dollar will increase, while other conditions remain unchanged, the corresponding gold price will fall, and if the US dollar weakens, gold will also strengthen.
2. International crude oil. Like gold, the currency of oil is the dollar. Oil goes up, gold goes up.
3. American economy and inflation in this country, other investment products will not be sought after after after the economic weakness, and gold will better reflect its own value preservation performance.
4. The situation in the Middle East and world wars, wars or conflicts will make oil and gold sought after by a large number of investors.
5. Typhoons and hurricanes in summer will destroy oil platforms in the Gulf of America, resulting in a temporary shortage of oil supply. When oil rises, so will gold.
6. Oil supply in oil-producing countries.
7. Whether the production of major gold mines is normal, whether production is reduced, and whether there is a strike.
At present, the euro is the only currency that can compete with the dollar. The euro is strong and the dollar is weak, which leads to the recent strength of gold.
9. International financial giants, hot money and hedge funds that control public opinion and manipulate prices (US dollars, oil, euros and grain) will also have a certain impact on the price of gold.
I don't know why the landlord made paper gold. Compared with other gold investment varieties, it is the worst one, because it can only be bullish, and if it falls, you will lose. If you had chosen spot yellow trading, the price of gold would have dropped from 1.030 USD/ounce to 760 USD/ounce now. You are a fool, you can earn tens of thousands of dollars with one hand.
Advantages of spot gold:
First of all, gold has a long-term preservation function, which can resist currency changes and price increases caused by inflation;
Second, the stock market in any region may be manipulated, but gold is a global market with transparent information and no manipulation, which can provide great protection for small and medium investors;
Third, gold is highly liquid, so it is convenient to buy and sell, and there is no need to worry about the funds being locked up.
Fourth, stocks can only be profitable if they buy low and sell high. Gold trading has a short-selling mechanism and can be invested in both directions. If the market reverses after multiple orders enter the market, you can close multiple orders, short backhand, and make money by the price limit;
Fifth, gold is a margin transaction. Using the principle of "leverage", we can reduce the trading threshold with small and broad. Compared with other investment methods such as stocks, the amount needed to invest in gold is small, and the profit margin is enlarged several times. Compared with foreign exchange futures, gold is single in variety, simple in analysis and easy to master;
Sixth, it is convenient for office workers to trade at night, and the most active time for trading is also at night.
The membership number of China Gold and Silver Exchange Association is 139 Fuji Gold Leaf Group.
market department