Gold is a simple form of chemical element gold, which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal. Generally, gold in the world is in ounces (1 ounce = 28.35g of gold). In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important liquid material in jewelry industry, electronics industry, modern communication, aerospace industry and other departments.
According to the difference of other metals contained in gold, mature gold can be divided into pure gold, mixed gold and K gold. Among them, pure gold is mature gold containing only silver; Mixed-color gold is a mature gold containing copper, zinc, lead, iron and other metals besides silver. K gold is made of silver and copper in a certain proportion and according to the formula of 24k pure gold.
Analysis on the market distribution of gold trading segments in China;
There are many ways to classify gold products. From the product nature, the investment products in China gold market can be roughly divided into five categories: physical gold sales, investment transactions, derivatives and financing.
Gold industry chain;
The upstream of the gold industry is mainly gold powder and gold concentrate raw materials, and the downstream is mainly used for gold products, gold jewelry, industrial gold and so on.
The fluctuation of gold price in recent five years;
20 16 to 202 1, the highest domestic gold price is 469 yuan/gram, the lowest price is 25 1.6 yuan/gram, and the average price is 328.6 yuan/gram. 20 16 to 202 1, the highest international gold price is 2064 USD/company, and the price is 6500.
The main factors affecting the price of gold:
1. USD. The price bridge of gold is easily affected by the strength of the dollar price. The development law of the price market shows that the price of gold is closely related to the US dollar index. When the dollar rises, the price of gold will decrease accordingly. When the dollar falls, people's awareness of risk aversion will increase, and the price of gold will rise accordingly.
2. Oil. Usually, once the oil price rises in the international market, it may cause inflation, and inflation or inflation will increase people's awareness of danger, so it will stimulate investors to buy gold to avoid risks, which will cause the price of gold to rise. Therefore, when the oil price rises, the price of gold will usually rise.
3. Gold substitutes. In recent years, popular bonds and bitcoin have relatively high hedging functions to meet people's investment needs. Therefore, if market panic breaks out, but people's funds mostly flow to these alternative varieties, it will cause the price of gold to rise less than expected and need special attention.
4. Important economic data. Paying attention to the important economic data in the market will also help to improve the accuracy of judging the trend of gold prices. In particular, the non-agricultural data released by the United States on the first Friday of each month, as well as the time set by the Federal Reserve to raise interest rates, will bring a lot of market every time.
Development Trend of Gold Industry in China
1. Economic development is the primary factor for the development of gold and jewelry industry. Over the years, China's economy has sustained rapid growth, and its economic strength has been significantly enhanced. The improvement of people's living standards has promoted the production and consumption of luxury goods such as gold jewelry. The analysis of the development prospect of gold industry shows that China is the largest pearl producer in the world, accounting for more than 90% of the world's pearl production. China is also a major producer and consumer of platinum, gold, silver, diamonds and jadeite.
2. The gold mining industry will continue to develop steadily.
The steady development of gold, jade, silver and other extractive industries has also provided a material basis for the development of gold jewelry industry. The analysis of the development prospect of gold industry shows that there are gem producing areas in China, such as Changle in Shandong, Zhenping in Henan, Xiuyan in Liaoning, Hotan in Xinjiang and Bahrain in Inner Mongolia, and gold mining is even more spectacular. The development of extractive industry has given solid material support and full development potential to the gold and jewelry industry.
3. Prosperity of the international trade market
The development of domestic market and the prosperity of international trade market have promoted the rapid development of gold and jewelry industry. The analysis of the development prospect of the gold industry shows that the strong domestic demand provides a strong driving force for the gold and jewelry industry, while the cheap labor provides an unparalleled price advantage for China's gold and jewelry exports. China's gold and jewelry industry is on the fast track of international trade development.