Take the Gulf War as an example. 1August 2, 990, Iraq raided Kuwait. When the war broke out, he made more gold and left. On June 29th, 1990.438+0 1.29, the United Nations adopted resolution 678 to make more gold and make profits again until 6548+0999686.
Take this example for example. On June 5438+0990.08.02, when Iraq raided, everyone thought there was going to be a war, and gold rose. Later, it was found that the United States did not deploy enough troops overseas. It would take at least a few months to send troops, and the market fell! Then when the United Nations passed the bill, it was1990.11.29, so gold rose again. Finally, it really started with195438+0.05438+0.17. Everyone saw that the advantage of the US military was very obvious, and they thought that the war would end soon.
So the price of gold is related to expectations. It skyrocketed when it didn't really hit, and fell when it hit. Of course, modern warfare is not World War I or World War II. If there is a war, you will make a short-term profit, which has nothing to do with the long-term trend of gold prices.
Finally, gold is mainly used as futures gold instead of physical gold. The price of futures gold is basically synchronized around the world, that is, London gold, Shanghai Futures Exchange gold and new york gold are basically linked, so it is a worldwide price fluctuation. There is a simple reason. If there is a significant difference in the price of gold in different regions, you don't need to consider the war factor, just make huge profits in the two regions. It is almost impossible to earn regional price difference in the information society, and it is also a sensitive material like gold.
I hope the above answer will satisfy you.