In fact, everyone should be very familiar with Chinese aunts buying gold. As early as May of 20 14, when the international gold price dropped to 1500- 1550 yuan/ounce, Chinese aunts began to bargain for gold. It took them only ten days to spend10 billion and buy more than 300 tons of gold, which shocked Wall Street in those days. However, at that time, the Chinese aunt's bargain-hunting was not successful, and the international gold price finally fell below 1200 USD/oz.
In fact, due to the impact of the epidemic and the loose fiscal policies adopted by countries around the world, the international gold price has been on the rise in recent years, reaching 2075 US dollars/ounce at one time, setting a historical record. After that, because of my unswerving attitude, the price of gold officially began to decline gradually. However, in March this year, due to the conflict between Russia and Ukraine, the international gold price rose again, but it did not raise the previous peak. It only touched $2,070/oz and began to fall until it still hovered around $65,438+$0.665/oz.
Many people may ask questions. When the price of gold hit its lowest level in two years, Chinese aunts began to do it. Can we bargain now? For this matter, it is still too early for us to bargain at this stage: First, this round of gold prices plummeted to around 1.665 USD/oz, because the Federal Reserve has been raising interest rates and shrinking its watch since March this year in response to international inflation. Since then, the international gold price has fallen all the way.
On February1day of that month, the Federal Reserve announced that it would raise interest rates by 75 percentage points again, which was the third time this year that the Federal Reserve raised interest rates by 75 percentage points, and then the Nikkei stood at the price of11. If the Fed raises interest rates again, there will be no room for international gold prices to rebound. Therefore, the risk of bargain-hunting gold is high now, and it may be placed in a historical position for a long time.
Second, the international gold price has been fluctuating between 1650 and 1670 USD/oz. Even in history, it is not a bargain-hunting area for long-term investment. We still suggest that if the international gold price falls below $65,438+$0.200 per ounce, there will be a relatively large landmark investment opportunity, or even if the international gold price rises in the later period, the profit-making indoor space for investors will not be large.
Third, China investors are not advised to bargain for gold. If you have physical gold, the loan is not willing to recover, but if you sell the gold to a jewelry store, it is likely to be recovered at a discount, and investors will undoubtedly lose money. If the funds are not well done, they will continue to suffer losses. In short, it is very easy to buy physical gold in China, but it is difficult to sell it into cash. In addition, for ordinary investors, they do not have the professional knowledge of project investment paper gold, gold stocks, futures trading gold and so on. If they blindly follow the trend, the probability of losing money will be very high.
The price of gold hit a two-year low, and Chinese aunts gradually started. Can we bargain now? Our answer is no. At this stage, the Federal Reserve is in the middle of raising interest rates, and the international gold price is likely to have a relatively large room for decline. In addition, today's international gold price is not cost-effective in ancient history, and bargain-hunting needs to be within 1200 yuan/ounce, so there is room for profit. More importantly, it is very easy to buy gold in China, but it is very difficult to sell gold and turn it into cash. Otherwise there will be losses. So it is not recommended to invest in gold now.