First, the price trend of gold
Bian Xiao looked up some information on the Internet and found that the gold price in 20 19 was 342.85 yuan per gram, and now it is 560 yuan per gram. So from 20 19 to 20 12, the price of gold has been rising. At present, the price of gold in the market remains at around 560, which is only the price of bare gold. Processing gold also includes labor costs, so the price of gold may be higher. From the current point of view, gold will basically not fall, and if it falls, it will not be very big, and it will not have much impact on the price of gold.
Second, the relationship between supply and demand affects the price of gold.
First of all, we must understand that the value of a commodity depends on its supply and demand. If it is a seller's market, the price of goods may be reduced. If it is a buyer's market, the price of goods will increase. In fact, to put it simply, things are rare, just like our national treasure panda, which is called the first-class protected animal because of its scarcity, and it is also a symbol of China. Therefore, when the supply of gold in the market increases, the price of gold will also decrease. When the market demand for gold increases, the price of gold will rise, but gold itself has the ability to preserve its value, so the price of gold generally fluctuates only in a small range.
Third, the direction of the dollar will also affect the price of gold.
As we all know, the dollar and gold are directly linked, which means that if the dollar depreciates, more dollars will be used to buy gold, and gold will appreciate. If the American economy develops better, then the dollar will appreciate and gold will depreciate. So the development of dollar and gold is just the opposite. If one side is strong, the other side will be weak. This is also the law of market development. This law cannot be changed artificially, and the key depends on the natural fluctuation of the market. Therefore, if the US economy does not develop well, the exchange rate of the US dollar will decrease and the corresponding RMB will appreciate. It is more cost-effective to buy gold in the domestic market at this time.