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Why does gold go up and capital go down?
Gold is generally considered to have two functions: one is anti-inflation function, and the other is hedging function. The funds in the market are limited. The capital of the investment market is limited. The rise of gold in the limited fund pool means that the capital entering the gold market increases, so the natural capital flowing into other markets will decrease, and other investment varieties will also fall accordingly.

Gold is a simple form of chemical element gold (Au), which is a soft, golden yellow and corrosion-resistant precious metal. Gold is a rarer, more precious and more valuable metal. Generally speaking, gold in the world is measured in ounces. In ancient China, gold was measured in ounces, which was a very important metal. It is not only a special currency for reserve and investment, but also an important material for jewelry industry, electronics industry, modern communication and aerospace industry.

The chemical symbol of gold is Au, and the financial English code is XAU or gold. The name Au comes from a story of Aurora, the goddess of dawn in Roman mythology, which means shining dawn.

As of 202 1, 10, 12, the gold price is 1760 USD/oz.

Second to none. It will cause extremely thin gold sheets to roll up easily. Gold weighing 1 oz can be hammered down to 1 ft, 100 m2. The ancients hammered it into thin slices and spread it in temples and palaces for decoration. All these can explain the flexibility and ductility of gold.

The color of gold is golden yellow, which has a metallic texture and is not easy to decompose. The density is 19.3g/cm3 and the melting point is1064.4℃; Good ductility, can be pressed into thin foil, and has extremely high heat and thermal conductivity. The resistance of pure gold is 2.4P Pure gold has good chemical resistance and is the best electroplating material.

As a precious metal, gold has good physical properties. "Real gold is not afraid of fire" means that gold has high chemical stability and is not easy to react with other substances, so there is no need to worry about oxidation and discoloration. Even in the molten state, it will not be oxidized and discolored, and it will still be golden yellow after cooling. High density and heavy touch. Good toughness and ductility, good electrical conductivity. Pure gold is bright yellow, but the color changes greatly after mixing with other metals, such as gold-copper alloy is dark red, and silver-containing alloy is light yellow or grayish white. Gold is easily ground into powder, which is also the reason why gold is dispersed in nature. Pure gold jewelry is also easy to wear and lose weight.

In Mendeleev's periodic table, the atomic number of gold is 79, that is, the nucleus of gold contains 79 protons, which are positively charged. At the same time, gold has good chemical stability because it conforms to the half-full law. In the metal market, gold and ruthenium, rhodium, palladium, osmium, iridium, platinum and other metals are collectively called precious metals.