The rise of gold price will affect the currency price of some countries. There are many factors that affect the price of gold, such as: international politics, economic exchange market, interest rates and monetary policies of major European and American countries, the increase or decrease of gold reserves of central banks, the increase or decrease of gold mining costs, the increase or decrease of jewelry gold, etc.
3. According to these factors, investors can make a relatively basic judgment and grasp on the trend of gold price. Capital: "Money is gold and silver, but gold and silver are not money", which explains the investment attribute of gold. For a long time, gold has concentrated all its resources in the gold and stock index CFD trading industry of FXCM global gold trading platform. The monthly turnover of gold investment is as high as $30 billion, which shows that it is an independent resource. Gold investment is the most commonly used product of investment preservation and two-way trading in the world, and gold speculation can also simulate trading, so there are many different types of investment gold in the investment market.
4. There is no package for investment and financial management. Of course, gold is the same, similar to stocks. Therefore, after all, foreign exchange and gold trading are financial management, and basic knowledge is still needed. Moreover, not all foreign exchange and gold trading companies can choose, and not all investments can be profitable, so it is very important to prepare or say basic knowledge;
5. the GOLD code is generally XAUUSD or gold. Introduction to gold investment is an investment behavior, and the price of gold is an auxiliary indicator to judge the trend of gold.