Last week, the price of gold was still more than 400 yuan per gram, but this Monday, the price of gold ornaments was only 358 yuan, and investment gold bars even fell below 300 yuan, hitting a new low in more than three years. The international gold price bottomed out and rebounded, causing people to snap up.
The reporter found in Starlight Jewelry that all the gold counters were crowded, some investment gold bars were even sold out of stock, and some citizens even spent hundreds of thousands of yuan to "sweep away" a few kilograms of gold. Li Xian, manager of Suzhou International Trade Store of Starlight Jewelry, quietly told reporters that our own employees also snapped up a lot. From a few thousand to tens of thousands. The price of gold is really low, which comes once in a blue moon.
Zhang Zuhui, chief gold analyst of China Gold News, analyzed that this round of plunge in gold was ostensibly triggered by the news that Cyprus was going to sell 400 million euros last Friday, but there were many factors that led to the plunge in gold prices, including the strong US stock market and the possibility that the Federal Reserve might withdraw from the loose monetary policy. Major investment institutions, such as UBS, Citigroup and investment tycoon Soros, have all sung gold, and the position of the world's largest gold exchange-traded fund (ETF) continues to decline to 65,438+.
All investment institutions and analysts of Shanghai Gold Exchange believe that at present, the international gold price has bottomed out, and the gold price will rebound soon, which may lead to retaliation. For more than 30 years, the performance law of China gold market is that every plunge is the basis for a stronger rise in the future.
Yan Xiaomei, manager of Starlight Jewelry Suzhou Store, told the reporter: Not only Suzhou, but also Beijing, Shanghai, Guangzhou and Hefei have all seen a rush to buy gold. Our store has sold out of Chow Tai Fook, China Gold and Diamond Supreme Gold. Many citizens decided to invest in gold two weeks before shipment, and the factory was very busy. However, we have allocated specialized personnel and funds to supplement gold commodities to ensure sufficient supply to ensure market supply and meet the needs of the public to snap up gold.