The price of gold is greatly influenced by the international gold price, which is mainly influenced by five factors, namely, the monetary policy of various countries, the relationship between supply and demand, the influence of extreme war, the strength of the US dollar and the influence of inflation.

At present, the price of gold is at a high level, and the impact of war and global inflation is greater. Generally speaking, the middle of July and August is the off-season of gold, and the price is relatively low. By the end of the year, there will be many holidays, wedding seasons and consumption habits, and the price of gold will generally rise at the end of the year. However, due to the impact of the economic environment this year, the price is relatively high.

In addition, on some holidays, there will be discounts in gold shops, when the price of gold is relatively cheap.