Factors affecting the price of gold
1, gold demand. According to the data released by the World Gold Council, in recent years, the demand for gold has been relatively stable in terms of jewelry, technology, investment and central banks.
2. The performance of the Federal Reserve and the US dollar. With the economic recovery, the Federal Reserve began to raise interest rates by 20 15. By the end of 20 18, * * * raised interest rates nine times, and only 20 18 raised interest rates four times. As the Federal Reserve raised interest rates, the exchange rate of the US dollar appreciated. 20 18 After the last rate hike, the Federal Reserve released a series of signals that were regarded as "doves" by the market.
3. inflation Gold has always had the function of fighting inflation. If inflation spreads around the world, it will accelerate the rise of international gold prices, and vice versa.
Extended data:
Gold buying skills:
1, look at the material
There are many kinds of gold materials, such as pure gold, hard gold, gold-plated gold and K gold. Among them, the gold content of pure gold and hard gold is 99%, and the gold content of K gold and gilded gold is less, which is only wearable and has no collection value. Although hard gold has a high gold content, it is easily broken and cannot be recast, so pure gold is the best material.
Step 2 look at the brand
The gold jewelry of big brands will be expensive, and there will be many extra expenses such as costs. Small brands of gold jewelry have the best cost performance and can guarantee the quality, but the gold in street stalls is not.