Will gold fall below 400 in 2022?
Gold may fall in 2022, but the possibility of falling below 400 is relatively small.
In 2022, the price of gold may fall. In the context of the Fed's expectation of raising interest rates in 2022, it is more likely that the price of gold will fluctuate and fall rather than rise. It is estimated that the price of gold will drop to $65,438 +0.700 in the first quarter of 2022.
In the first two quarters of 2022, gold may maintain very violent fluctuations and local bear market lateral fluctuations.
Until the second half of 2022, retail investors, institutions, hedge funds and central banks may have a large number of purchases, which may have a positive impact on gold prices and lead to a new high in gold prices.
When is the right time to buy gold?
1. When there are activities on major festivals,
For example, on the Double Eleven, National Day, Mid-Autumn Festival and so on in recent months, we can focus on the discounts of gold shops, then compare them and choose the most favorable one. Because merchants engage in promotional activities, they will slightly lower the price, which is the best time to buy gold.
2. US dollar exchange rate
The exchange rate of US dollar will also affect the fluctuation of gold price. When investors buy gold, they can choose to buy gold when the dollar price is low, so the price will be cheaper.
3. Stock market
If consumers are optimistic about the prospects of economic development, they will spend a lot of money to buy the stock market. So the better the stock market, the lower the price of gold. When the stock market falls, the price of gold will rise. Therefore, they can choose to buy when the stock market falls.
Gold is a precious metal. After buying it, you can also sell it to make money when the price of gold rises, or you can carry it with you or make it into ornaments. However, the price of gold fluctuates. Pay attention to this. Maybe the price is lower now, or it may be lower later.
Matters needing attention in buying gold
1. Choose the right brand.
Nowadays, young people's economic ability has been greatly improved compared with before, and their consumption concept has also changed greatly. Some big brands of jewelry are more popular with young people. So we should also choose the right brand when buying gold jewelry. You can choose Chow Tai Fook, Zhou Shengsheng, Leofoo and other domestic first-line jewelry brands.
2. Try to buy thousands of gold.
Thousands of gold is a kind of gold with high gold content, and it also has a high appreciation space. Here, Levi's real-name diamond ring suggests that when buying gold jewelry, it is better to buy thousands of dollars in the long run. In addition, the real tiger balm on the market is very rare, so some merchants had better not believe it when selling so-called tiger balm jewelry.
Look at handicrafts
I believe everyone who buys gold jewelry wants to buy high-quality exquisite jewelry. Therefore, when we buy gold jewelry, we must look at the workmanship level. For example, if you buy a gold bracelet, you can look at the carving process on the surface. If you buy a gold bracelet or necklace, you should focus on whether the interface of the necklace is firm.
View service
Gold is a kind of jewelry that is easy to oxidize, and it needs very careful maintenance in daily wear. If the merchants can provide consumers with patient and meticulous explanations, tell them how to maintain and wear them correctly. This will reduce the chance of gold jewelry being oxidized. Therefore, when we buy gold jewelry, we must also look at the services of the merchants. Of course, it is more worthy of our choice to provide perfect after-sales service.
Look at the price
Although the market price of gold fluctuates, it is basically maintained at 380~480 yuan per gram, while the processing cost of some gold ornaments is around 30~50 yuan per gram. When buying gold jewelry, we need to know the current gold market and then judge the price of gold jewelry according to this market. Pay attention to comparison during the purchase process.