Home >

Recently, The International Gold Price Adjustment Continued To Fall.

2014/4/5 22:59:00 36

New YorkGold PriceInvestment

After entering 2014, international gold The price has been warmer, and the domestic gold price has been rising for six weeks. The cumulative increase this year has exceeded 10%. Reporters in the interview learned that last year, "robbing gold" of the Quanzhou citizens have been part of the solution.


However, just Investment When the people were ready to run on the "unwinding" road, the once strong return of gold was called back. Recently, the international gold price adjustment continued to decline, closing prices on the 18 day hit a new low since March 11th. Insiders say gold is still not optimistic. This year is not a good time to invest in gold.


  The price of gold has risen by more than 10% this year.


"Recently, the average price of thousands of gold has increased by three or four yuan per day." A staff member of Zhou Dafu counters in downtown Quanzhou said, "today, the price of thousands of gold ornaments of Zhou Dafu is 349 yuan / gram, although it has dropped by 4 yuan compared with yesterday, but the overall trend is still rising in the near future." It is learned that the price of jewellery gold was 303 yuan per gram when interviewed in January 2nd, which indicates that nearly 50 yuan per gram of gold has risen since this year. "Our gold price has also broken" 3 ". Now the jewelry price is about 300 yuan per gram, and the quoted price is 270 yuan. The staff of Taiwan Jewelry said. Reporters at Dayang department store have seen several customers picking gold jewelry. A waiter told reporters: "now people buy gold mentality is more calm, blind high pursuit of fewer people, more people see gold, really buy less."


Data show that gold continued to decline in 2013, and finally hit a low of 3 years in December last year, 1179 U.S. dollars / ounce line, from September 2011's high point of 1918 U.S. dollars / ounce has dropped 38%. However, over the past two months, the international gold price has been rising continuously, and has risen to more than 10% so far, which is close to the price of the first wave of gold in the middle and late 2013 of 4.


  Last year, "grab gold" part of the solution of the public


As the price of gold rebounded, the "Chinese mother" who had bought a lot of gold seemed to be gradually unwinding. Take Ms. Chen as an example. Last year, she bought 10 kilograms of gold bars in a jewelry counter at a price of 265 yuan / gram (including 14 yuan / gram handling fee), while on the 18 th, the price of the gold bar for the counter was 286 yuan / gram (including 14 yuan / gram handling fee), which was higher than the purchase price of Ms. Chen at that time.


According to the gold repurchase method introduced by the staff in the counter, that is, the basic gold price minus 2 yuan / gram repurchase. Then, according to the counter, the price of basic gold was 272 yuan minus 2 yuan yesterday, that is, the recovery price was 270 yuan / gram, and Ms. Chen had 5 yuan / gram floating profit. If she sold yesterday, there would be a profit of 50 thousand yuan.


However, many investors are still deeply trapped. As an ordinary white-collar worker, Xiao Huang was once obsessed with paper gold trading, but she had not done such a transaction for more than two years. Her last purchase was completed in August 2011, and 70 grams of paper gold, with a price of 390 yuan per gram, invested about 28 thousand yuan. Today, her deal has shrunk by 30%. Recently, the price of paper gold has been coming back and forth near the $270 per gram.


"Before each transaction, each gram of gold can earn a difference of two or three yuan, to earn some pocket money for yourself. As a result, the price of gold suddenly fell down. It was thought that it was only a short adjustment, but it never occurred to me that it was stuck. " Xiao Huang regretted that he saw that paper gold changed from "3" to "2". However, if he threw it out, his loss would be too great.


This year's rally in gold prices has given these quilt investors a hope of unwinding, but the price of gold has started to fall again.


New York gold prices return to downtrend in the near future


18 New York commodity exchange gold futures Contract prices continued to fall, closing prices hit a new low in recent weeks. On the same day, the gold futures market on the New York Mercantile Exchange, the most active gold futures in April, closed at $1359 an ounce, or 1.01%, closing at a new low since March 11th.


Some market analysts believe that New York gold has been on the upswing in recent years, creating a new high, stimulating some speculators to make profits, so that the gold market is down and down. In addition, New York stock market continued the previous trading day's upsurge, stimulated the gold market investor to throw off the market, the bad interest golden period price falls. However, the tension between Russia and Ukraine is difficult to disappear in the short term, which is good for gold's hedging property or supporting gold market transactions.


Some analysts believe that this year, the driving force of this strong wave of gold is mainly driven by several aspects: early in the lunar new year, strong demand for gold in China and India pushed gold prices up; subsequently, the United States encountered unusual cold weather, resulting in economic growth fatigue, pushing gold prices up again; the recent tense escalation of the situation in Russia and Ukraine once again led investors to see the gold hedging value, which prompted gold prices to continue to rise. Facing the Federal Reserve's monetary policy meeting this week, the stronger US economic data in February made the Fed have more solid reasons to continue to reduce the size of the debt purchase, which will suppress the gold price trend. If the situation in Russia and Ukraine is rapidly cooling down, gold will not be ruled out. Price The possibility of violent callbacks. Insiders said that from the overall economic environment, this year is not a good time to invest in gold, but there is a limited space available.

  • Related reading

The Balance Of Payments Report Suggests That The Recent Devaluation Of The Renminbi Is A Rainy Day.

financial news
|
2014/4/5 22:55:00
15

SFC Responded That 6 Brokerages Qualify For Internet Securities Business Pilot

financial news
|
2014/4/5 22:34:00
23

Alibaba Of Zhejiang Inviting Inviting Treasure Company

financial news
|
2014/4/4 16:42:00
46

Gold Prices Bottom Three Quarter Or Rebound

financial news
|
2014/4/4 13:49:00
72

Positive And Bad News Affecting Stock Market Today

financial news
|
2014/4/4 9:21:00
45
Read the next article

一季度人民币贬值2.6%抹掉去年涨幅

今年以来,人民币对美元已贬值2.6%,基本相当于2013年的全年涨幅。尽管人民币波动加剧让投资者有所顾虑,但国际市场对人民币长期前景依然看好。一季度人民币贬值2.6%抹掉去年涨幅,热钱撤离。接下来,一起来看看详细的资讯吧。