What is the prospect of investing in gold?
The prospect of gold investment market is very broad. The reason for this is that there was no gold market when China's gold was not open before; Now it is said that the "four legs" of the financial market are walking, namely, the money market, the capital market, the foreign exchange market and the gold market. At present, China's gold market is in its infancy, and the trading volume and scope are still very small, accounting for only about 0.2% of the total financial products in the country. At present, this situation is completely different from the international market, because the major international markets, including new york market and London market, actually have real financial investment varieties, and futures and spot are operated together. Like the London market, according to statistics, futures trading in 2005 was 1000 times that of spot trading. What is the concept if the current gold market in our country is enlarged 1000 times? It is conceivable that the gold market can completely compete with the securities market and the capital market in terms of the current environment and population size of our country. Gold is a typical special metal, so it is very important to endow it with financial attributes. Therefore, we should not analyze the gold market in isolation, but the world financial market, including the world foreign exchange market and its changes, the rise and fall of oil prices and the stability of the international situation. The gold market has great potential, and I very much agree with Sun, general manager of China Gold Corporation, about the concept of "big gold". Because only by making the gold market bigger can the market blossom, and a group of talents can be networked to form their own unique advantages. Opening the gold futures market can activate the whole market. China's current market also has a large mass base of gold, so the gold investment market is very promising.