Dollar exchange rate: In gold investment, the price of gold is usually negatively correlated with the dollar exchange rate.
Geopolitical situation: during the period of war and political shock, economic development will be greatly restricted. Due to inflation, any local currency may depreciate. At this time, the importance of gold came into play. Because gold has recognized characteristics and is an internationally recognized trading medium, people will invest in gold at this moment. Buying gold will inevitably lead to an increase in the price of gold.
World economic situation: When the financial system of the United States and other western countries is unstable, world funds will be invested in gold, and the demand for gold will increase, and the price of gold will rise.
Supply and demand: The operation of gold price is based on market supply and demand.
The price of gold is based on a certain market price, and the price of gold is calculated by weight. Gold is the most commonly used investment and two-way trading product in the world, so the price of gold has the property of investment, and the rise of gold price often affects the currency price of some countries. There are several weighing methods for gold in precious metals and gemstones market, among which the most commonly used method is the golden balance method. A troy ounce is about 365,438+0.65,438+00g, while a constant ounce is about 28.35g.. ..
Although the gold market is a 24-hour trading, there are still some skills in the choice of trading time. We can analyze the future gold price trend chart of 20 13 and all the gold price trends from 1999 to 20 13. Here are some trading experiences.
London market: London is an old financial center in the world, and banks in various countries are used to starting large-scale transactions after the opening of the London foreign exchange market. Therefore, the daily fluctuation of the global foreign exchange market will intensify with its opening up, and the opportunities for individual investors will gradually increase during this period. Factors such as the European Central Bank's interest rate decision, Germany's IFO prosperity index, the GDP of the euro zone countries, and the consumer price index of the euro zone countries will also play a role in fueling the situation.
New york market: As the US stock market is the largest capital flow center in the world, new york's foreign exchange market is also the most active foreign exchange trading market in the world.
Its high activity also means that investors' profit opportunities increase. In new york's foreign exchange market, a series of fundamental data, such as US GDP data, interest rate changes, producer price index, consumer price index, unemployment rate and the public statement of the Federal Reserve, will have an important impact at this time.
Tokyo market: Tokyo foreign exchange market is the largest foreign exchange trading market in Asia, but the smallest among the three major foreign exchange markets. During the trading hours in the Tokyo foreign exchange market, only the Japanese yen may fluctuate. Therefore, speculators who are used to doing yen trading often start trading at this time.