Due to the continuous rise of the US dollar, the international gold price has declined to some extent. However, people in the industry generally believe that the current economic situation is not very stable, and the price of gold will be strongly supported after a sharp drop. The support level will appear at the line of 1320 USD/oz. 165438+1October 17 is around 15, and the international spot gold price is 1335 USD/ounce, which is expected to have strong support around 1320 USD/ounce. In the face of the panic economic situation, the funds in the market will continue to pursue a better direction of maintaining value, and the gold price will be strongly supported after a short-term decline.
After this line is slowly supported, gold will have a slow upward momentum. But this needs to accumulate a certain amount of entry. At the same time, we can also see that the US dollar also faced the pressure of the 80-line last night.
Fang Jia predicted that the new high of $65,438+$0.500 per ounce will still be achieved next year, at the earliest around New Year's Day.
Buy gold and keep the receipt.
Due to the particularity of gold itself, gold sales organizations will hardly accept gold sold by other organizations. Some gold shop staff even said that even the gold manual was stamped with a bank seal. Although some gold shops say that they also recycle gold bars purchased by other channels, as long as there is a little scratch or flaw, the purchase price will be greatly reduced. In particular, banks only recycle their own gold bars, and gold bars cannot be repurchased after being extracted.
Mr. Zhang, an insider, said that if you buy physical gold bars, it is best to know in advance whether you can buy them back and related details. It is also best to buy it at a sales organization. Keeping receipts is the basis for realizing them at the highest price.
Fundamental analysis method of gold price trend: 1) US dollar (exchange rate) and American political and economic situation. Everyone knows that the US dollar is the world currency, but what is the status of this world currency?
2) Market supply and demand factors and the policies of central banks to sell gold. We know that the price of goods is determined by the relationship between supply and demand in the market. Similarly, as a commodity, the price of gold is also affected by market supply and demand.
3) Interest rate factor. As a precious metal, gold has the function of deposit and loan, and interest should be calculated for both deposits and loans. Therefore, when the interest rate of money is much higher than the interest rate of precious metals, gold mining companies or investors will choose to sell gold for money in order to obtain higher interest returns.
4) Securities market factors. Up to now, securities (especially stocks) and gold are still two aspects of investors' asset portfolio, which have the characteristics of changing each other and are usually competitive in the upward direction of capital flow.
5) Crude oil price. Theoretically, the prices of gold and crude oil change in the same direction, but the correlation coefficient is only about 0.6, which often deviates, so the correlation analysis between them tends to be long-term.
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