1. When there are activities on major festivals,
For example, in recent months, you can pay attention to the discounts of gold shops, such as double 1 1, National Day, Mid-Autumn Festival and so on. , and then compare and choose the most favorable one, because merchants will slightly lower the price when they carry out promotional activities. This is the best time to buy gold.
2. US dollar exchange rate
The exchange rate of the dollar will also make the price of gold fluctuate. 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 economic development prospects, 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. You can also carry it with you or make decorations. However, the price of gold fluctuates. This is worth noting. The present price may be relatively low, and the future price may also be relatively low.