Experts believe that an important reason for the global centralized purchase after the fall of gold price is that through this round of international financial crisis in recent years, people all over the world have increasingly realized the important role of gold in safeguarding national economic and financial security and protecting residents' investment portfolio.
The future development trend of gold will depend on the role of gold in human financial system. It can even be said that gold can go as far as people know this role.
Extended data
Huang Jinlao, a well-known financial expert and vice president of Huaxia Bank, explained that the investment value of gold mainly lies in hedging, that is, avoiding the devaluation of paper money during social unrest. After the international financial crisis in 2008, the price of gold rose sharply; 20 1 1 The global situation is turbulent, and the price of gold has risen again. Since 20 12, the global financial market has tended to be stable, the safe-haven value of gold has been greatly reduced, and the price of gold has fallen.
"I personally have always disapproved of my aunt and grandfather's daily investment in gold. Because gold investment is a very professional matter, we need to have a full understanding of global economic and financial trends, regional situation, and the trend of the US dollar exchange rate. It is difficult for ordinary people to fully grasp this information. " Huang Jinlao said that gold has soared in the past five years, and it is a good thing that people have caught up and seized the opportunity. It is unlikely to repeat the unilateral rise of gold prices in the next five years.
References:
People's Daily-People's Daily: Gold prices will not rise in the next five years.
People's Network-Theory: Discussion on the Future Development Trend of Gold Market