? Gold attribute
Gold, also known as gold, is the chemical symbol of gold. Gold has excellent chemical corrosion resistance and discoloration resistance. The chemical stability of gold is extremely high, it is extremely stable in alkali and various acids, and it does not oxidize or change color in air. In addition to its stable chemical properties, gold also has monetary, commodity and financial properties.
? Gold use
1, international reserves
Because of its excellent characteristics, gold has the functions of value scale, circulation means, storage means, payment means and world currency in history. Gold still occupies a very important position in the international reserves of many countries.
2. Gold jewelry
Gold ornaments have always been a symbol of social status and wealth. With the continuous improvement of people's income and wealth, and the increasing awareness of preserving value and diversifying investment, the demand in this area has also increased year by year.
3. Industry and high-tech industries
Gold is widely used in electronics, communications, aerospace, chemical, medical and other industries and high-tech industries because of its high corrosion resistance, good electrical and thermal conductivity and good workmanship.
? Gold supply and demand
1, gold source
The supply of gold market mainly includes the following aspects: mineral gold, recycled gold and official gold sales in gold-producing countries around the world, such as the central bank or the International Monetary Fund.
2. Gold demand
Gold demand mainly includes three aspects, namely consumption demand, reserve demand and investment demand.
The consumption demand of gold mainly includes the following aspects: jewelry industry, electronics industry, dentistry, official gold coins, gold medals and imitation gold coins. The reserve demand of gold mainly refers to official reserves. Official reserve is one of the important means for the central bank to guard against financial risks. Gold has the characteristics of storing value and preserving value, which leads to investment demand. Investors invest in gold mainly in the case of inflation to achieve the purpose of preserving value. In addition, investors can also use the fluctuation of gold price to obtain the expected annualized expected return of the price difference.