Domestic gold only started in June 2004, and there was no spot transaction before. From the lowest 107 yuan/gram, it has been rising to the highest 273.55 yuan/gram, and now it is 260 yuan per gram. Only from March 2008 to June 2008, there was an obvious decline in gold, with a range of 234- 155 yuan. At other times, it is basically rising.

International gold 1990-1996 gold price fluctuated between 325-425 USD/oz. From the second half of 1996 to August of 200 1, gold was a bear market, falling from 400 to 255, but then there was a nine-year bull market for gold, which reached 1249 USD/oz this year.

However, gold can be shorted in T+D trading, so it can make money even if the price of gold falls.

I am a gold T+D consultant. If necessary, you can contact.