The international price of gold is about $0/700 per ounce. Judging from the domestic spot price of gold, the current price per gram is around 480 yuan. As the price of gold fell, the gold consumer market gradually began to pick up, and more and more people bought it. Lu Ting, manager of Nanjing Golden Eagle World Gold and Jewelry Brand Store, said: Demand exceeds supply, and an appointment is needed. Most of them are bought by old people for their children and grandchildren.
Yu Zhikang, business manager of Jiangsu Jinzhong Gold Jewelry Investment Co., Ltd. said that in the past month, the sales volume has doubled to 100%. Experts remind citizens that it takes time and money to invest in gold. It is a wise choice to use your spare money to buy gems and gold bars, spread risks and deal with inflation. But if you hold a lot of gold and the price fluctuates, you can't eliminate the risk of locking up in the opposite direction.
But overall, the price of gold hit a seven-month low. I want to know whether the news is good or bad. In short, the reasons for the sharp drop in gold prices can be roughly divided into these categories. For example, the exchange rate of the US dollar has changed to a certain extent, which will indirectly affect the price of gold. The other is monetary policy, which will also affect the price trend of gold, because if the country adopts a tight monetary policy, the price of gold will rise, and vice versa. When it comes to the decline in the price of gold, it has to be mentioned that when the price of oil falls, the price of gold will also fall with the price of oil, which is an unchangeable conclusion in history.
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