The price of gold is changing at any time, and the change range is also large, but most of the reasons are affected by the supply and demand relationship of gold itself, but the price of gold will still be affected by some other factors, such as the recent interest rate hike by the Federal Reserve.
these are the main factors that affect the fluctuation of gold price: 1. the trend of US dollar; 2. the period of war and political turmoil; 3. the world financial crisis; 4. inflation; 5. oil price; 6. local interest rate; 7. economic situation.
Second, the basic knowledge of gold investment, the trading service mode of the world gold market
In each successful gold market, the institutions and places that provide services for gold trading are actually different. Specifically, they can be divided into intangible markets without fixed trading places, represented by London gold market and Zurich gold market, which can be called European; There are gold trading businesses in commodity exchanges, represented by the New York Mercantile Exchange and IMM in the United States, which can be called American; Some gold markets are traded in specialized gold exchanges, such as chinese gold and silver exchange society and Singapore gold exchanges, which can be called Asian.
3. Introduction of basic knowledge of gold investment types
As an investment product, there are also different types of gold. According to what is often seen in the current market, there are 1. Physical gold, 2. Paper gold, 3. Gold deposit, 4. Gold futures, 5. Gold options, 6. Gold stocks, 7. Gold funds
4. Gold investment basis. In China, gram is the main method of pricing.
2. Gold purity measurement
The purity of gold and its products is called "fineness". There are two kinds of fineness marks for gold products in the market: one is percentage, such as G999; The other is K gold, such as G24K, G22K and G18K. In China, there are regulations on the imprint and identification card of gold products. Generally, the manufacturer's code, material name, content imprint, etc. are required, and products without imprint are unqualified. The same is true internationally. However, for some very small products, it is also allowed to be unmarked.
V. Advantages of investing in gold
In the investment market, there are many kinds of investments for investors to choose from. Why choose gold investment? Because investing in gold has great advantages in taxation, property right transfer, mortgage, value preservation, fighting inflation and liquidity, gold is hard currency at any time.