For physical gold, the current price of gold is at an awkward price.
930 USD/oz, which is the previous high 1032 and this year's high 1006.
There is a gap of about 100 USD. For the investment in physical gold, we have only one goal.
That is to say, the price of gold continues to rise steadily, but it faces the pressure of breaking through the high point and the pressure of the slow recovery of the existing market economy. . . The resistance to rising is getting bigger and bigger.
Therefore, for physical gold investment, I hope to wait and see carefully. The third quarter of each year is the off-season of gold market demand. Faced with this most basic and important demand factor, it is difficult for gold prices to have a greater boost. . Therefore, it is recommended to look at the trend in the middle and late third quarter to decide whether to sell the investment.
Generally speaking, the recovery price of gold is 30-50 yuan RMB per gram based on the international gold price, but different old gold recyclers offer different recovery prices. . Probably 170 yuan.