Coupled with gold as a currency, foreign exchange reserves exist and are affected by too many factors.

But the charm of gold hedging has never changed since ancient times. This is why so many people are keen to invest in gold.

In the era of high price level, if gold is to fall back to a few years ago, house prices will only fall unless the price level is high. As a currency, gold has foreign exchange reserves and is affected by many factors. Gold is mainly influenced by the global economy and also supported by physical objects. Gold as a whole is still bullish.

Whether in World War I or World War II, the United States started by fighting, but in troubled times, gold has always existed as the only safe-haven currency. You can see more about the origin and background of gold when you are free.

In the next few years, it is uncertain, but gold does have the function of preserving value. Since ancient times, there has been the idea of keeping gold in troubled times. Therefore, the continuous chaos overseas in recent years has caused panic among ordinary people. It is hard to say whether the price of gold will rise in the next few years, depending on various factors.

Any commodity conforms to the capital theory that the price fluctuates around the value forever.

Regardless of the depreciation of the renminbi, gold is now at a historical high, and even if it is pulled up again, it is difficult to have much room. The price of any commodity goes up and down, including gold, and it is impossible to go up all the time. So if you want to ask, will gold appreciate in the next few years? There is no definite answer. Because it takes too long, anything can happen. The rise and fall of gold price involves many factors, including international events, geopolitics, economic cycle, monetary policy and so on. There is also a speculation that if even Chinese aunts are snapping up gold for a period of time, they should be careful, and some people will sell it at a profit and plummet. This is not without historical cases.