Gold has been regarded as a symbol of value since ancient times. As a rare metal, the content of gold in the world is very limited, which is the most important factor to maintain the value of gold. The price of gold is not static, sometimes it will fall and sometimes it will rise, but it will not be too big when it falls, and it will rise wildly when it rises, mainly depending on market fluctuations. The increase of gold this year is very huge, so why is the increase of gold price so big this year? Personally, I think there are several reasons for the great increase in gold this year. 1. Affected by the global epidemic, the world economic development has been seriously stagnant or even retrogressed. People are eager to find something with stable value to maintain the value of money. Economic recession means social instability. In order to reduce the risk, many people take money to buy gold, because gold will not fall anywhere again. If everyone buys gold, the amount of gold in the market will decrease sharply, so the price of gold will rise rapidly. 2. In order to stimulate production and consumption, all countries have a certain phenomenon of currency over-discovery, which will lead to inflation, so buy gold to avoid the impact of inflation. The hedging function of gold is well known. During the war, many governments and individuals will only recognize gold instead of money, which is an important embodiment of the safe-haven function of gold. People choose to buy gold because of its safe-haven function. Generally speaking, the main reason for the huge increase in gold is that people lack confidence in the expectation of future economic development, so they buy gold to reduce risks. Affected by the epidemic, the world economy cannot develop as fast as in the past. Some experts predict that it will take at least ten years to recover from the economic recession caused by this epidemic, so it can be judged that the key words of the future market will be? Hedge? This word.