Gold prices are more likely to fall in 2022. Against the background that the Federal Reserve is expected to raise interest rates in 2022, it is easier for gold prices to fluctuate and fall than to rise. It is estimated that the price of gold will fall to $65,438 +0.700 in the first quarter of 2022.
What is the gold market?
Gold market refers to the centralized trading market of gold trading and gold coin exchange, which is divided into domestic gold market and international gold market. The former only allows domestic residents to participate, does not allow non-residents to participate and prohibits the import and export of gold; The latter only allows non-residents to participate or both residents and non-residents can participate, and there are no restrictions on the import and export of gold or only a certain degree of restrictions. It is an important part of the international financial market.
Gold trading in the gold market has two attributes: first, gold is bought and sold as a commodity, that is, the nature of international trade; Second, gold, as a world currency, is used for international payment and settlement, which is the nature of international finance.
What is speculation?
To speculate in gold is to invest in gold. In recent years, due to the impact of the financial crisis, the currency has depreciated sharply. As an eternal symbol of wealth, the charm of gold is self-evident, and the country's opening to the gold investment market, so more and more people know and accept gold investment as a new type of investment and wealth management product.
The more popular gold investment varieties in the domestic market are as follows:
Physical gold: Physical gold, including gold bars, coins and jewelry. People who make physical gold pay more attention to preserving value than investing. This is the first point, physical gold investment is relatively large.
Paper gold: paper gold, paper gold "is a kind of personal voucher gold." Investors buy and sell virtual gold on the books according to the bank quotation. Individuals earn the fluctuating price difference of gold by grasping the trend of international gold price. Investors' transaction records are only reflected in the "gold passbook account" opened by individuals in advance, and there is no cash withdrawal and delivery of real money and silver. His characteristics are similar to physical gold and his profit is not high.
Gold and silver: Shanghai T+D The so-called gold and silver T+D refers to the standardized contract formulated by the Shanghai Gold Exchange, which stipulates that a certain number of objects will be delivered at a specific time and place in the future. This subject matter, also called the basic asset, is the spot corresponding to the gold and silver T+D contract. Like stocks, the matching trading mechanism is adopted, with large margin and high threshold. The biggest problems are trading time and international market failure, and the risk control is not perfect.
Loco-London gold: Spot Loco-London gold, also known as Loco-London gold, is a spot transaction, that is, it is delivered within a few days after the transaction is completed. It is often called spot gold and is the largest stock in the world. Because the daily trading volume of spot gold is huge, the daily trading volume is about 20 trillion US dollars. Therefore, no consortium or institution can manipulate such a huge market artificially, relying entirely on the spontaneous adjustment of the market. There is no banker in the spot gold market, and the market is standardized, self-disciplined and sound. Market maker trading mechanism is adopted, and 24-hour T+O two-way trading is adopted. The margin ratio is as high as 100 times, and the investment is relatively small.