In 2004, the price of gold per gram was 1 18.9 yuan. The market factors that affect the price of gold include the relationship between supply and demand: in market transactions, the more goods people need, the greater the relationship between supply and demand, and the more demand they have, the scarcer they are. When the supply and demand of a commodity are high, the price is often high. The price fluctuation of gold is based on the relationship between supply and demand. The greater the market demand for gold, the higher the price of gold will rise. If the market demand for gold decreases in a certain period of time, the price of gold will fall, but gold itself has strong hedging ability, and the price of gold generally fluctuates only in a small range.

Financial crisis: Once the financial crisis breaks out, it will affect the changes in the real economy. The slow growth of the real economy will affect the financial system of the whole country and even lead to a sharp depreciation of the currency. However, compared with ordinary currency, the price of gold is relatively stable and less affected by the financial crisis. Bond market: Generally speaking, the gold market return is closely related to the bond market return.

1, the price of gold will be affected by the relationship between supply and demand. As the saying goes, when the demand for gold exceeds the supply, the price will show an upward trend. If the supply of gold in the market is relatively large and the demand is small, it will lead to oversupply in the market and lead to a downward trend in prices. In a word, the price of gold depends on supply and demand. In addition, if the new gold mining technology increases the gold in the market, it will also lead to a price drop.

2. International Finance and Situation Gold is an internationally traded product, and the price of the product will naturally be affected by international factors. The cyclical fluctuation trend of the world economy, local market theory and interest rate changes in other money markets will all have an impact on prices. If there is inflation in the international situation, then in this case, the price decline is inevitable.

3. The influence of oil price and oil on gold price is easy to be ignored. You know, rising oil prices will also drive up gold prices. This is because the market demand for gold will also change after the oil income of oil-producing countries increases. In this case, on the basis that the international oil price is set in dollars, the rise of oil price will lead to the fall of the dollar price. In order to preserve the value, many people will rush to buy gold, which will lead to an increase in the price of gold. To sum up, the price of gold will be affected by these factors. Gold has the final say, and the price trend is not quality, but market demand and international situation.

4. There are more and more factors affecting the change of gold price. Specifically, it can be divided into the following aspects: supply factors: gold stock on the earth, annual supply and demand, new gold mining costs, political, military and economic changes in gold-producing countries, and central bank selling gold; Demand factors: changes in the actual demand for gold (jewelry industry, industry, etc.). ), hedging demand, speculative demand; Other factors: the influence of US dollar exchange rate, the close relationship between national monetary policies and international gold price, the influence of inflation on gold price, the influence of international trade, finance and foreign debt deficit, the influence of gold price and stock market on gold price, international political turmoil, wars and terrorist incidents, etc. The price of gold is determined according to the international gold price. Any major international turmoil will affect the price of gold. Supply and demand. When supply and demand are large, the price of gold will rise. For example, when the price of gold falls, Chinese aunts often sell off, which leads to an increase in the price of gold. The dollar strengthened, gold weakened, the dollar weakened, and gold strengthened. Crude oil price, international crude oil and gold are also closely related. When the price of crude oil goes up, the price of gold goes up. The world financial crisis will directly lead to the fall of gold prices. Central banks of all countries have large gold reserves. Their willingness to hold gold directly affects the trend of gold prices.