impossible.
1. The international gold price has dropped from 1,700 to about 1,400, and the price of gold jewelry has dropped to about 350 yuan. It is estimated that it will be difficult to fall further. In addition to the price of raw gold, the price of gold jewelry also has various costs. Gold shops need profits and make money, so the price of gold
It is also difficult to fall below 300 yuan.
2. The current foreign epidemic situation is still very serious. Central banks of various countries have cut interest rates, the world economy is not optimistic, and the stock market and oil prices have fallen. It is affected by many factors. The hedging function of gold has caused the price of gold to rise significantly, so the price of gold will not rise in the short term.
It will fall, and the possibility of falling below 300 yuan is even lower.
Detailed information 1. According to the current trend, the price of gold is likely to fall to 380 yuan, but it will be difficult to drop further, and it will basically not be lower than 350 yuan.
Such a downward trend is a combination of many factors.
2. For example, the epidemic situation is gradually under control, the global economy gradually recovers, and the entire market slowly returns to an orderly state.
In addition, the possible tightening of monetary policy by the United States and investors' purchases of gold may lead to a decline in prices.
3. Prior to this, the rise of gold had reached a high level in recent years, and there was basically no momentum going up further.
Therefore, starting from 2021, it is very normal for the price of gold to fall in the entire international environment.
In 2021, since the beginning of the year, the price of gold has shown a downward trend, starting from close to 600 and falling to more than 400 yuan.
Such a downward trend is actually something we can foresee.
After all, changes in factors such as the epidemic and U.S. dollar policy are bound to have an impact on the price of gold.
However, it will not be easy for gold to return to around 350 yuan per gram, otherwise the entire gold market will suffer considerable shocks.
Judging from our current gold price trend, summer is the most suitable time for us to buy gold jewelry.
The price of gold at this time should be basically stable and there will be no major changes. It is a good time to buy.
For ordinary investors, there are generally several ways: physical gold, gold funds, gold coins, or some paper gold.
A. Physical gold This is a channel that many people like to invest in gold. After all, real gold and silver can be seen and touched. Not only can you enjoy the return on investment, but you can also enjoy the joy of owning gold.
When gold performs better, it is often during periods of economic crisis. During periods of economic crisis, the financial system is prone to collapse, and banks may not be able to open their doors (this has happened abroad, and it happened to us 100 years ago). Therefore,
We can also know the advantages of physical gold. With gold in our own hands, we can realize offline transactions.
Products such as gold funds and paper gold may not be able to be traded during the financial crisis.
The shortcomings of physical gold are also very obvious. First, it is inconvenient to circulate. Second, it is possible to buy fake gold (insufficient purity). Therefore, when purchasing physical gold, you must shop around and think twice before buying.
You can consider more formal channels or gold stores to purchase.
B. Gold funds Compared with physical gold, gold funds are much more convenient and more suitable for most people.
Moreover, gold funds can also be considered a good product.
Unlike the crude oil fund, the gold fund holds gold behind it, and unlike the crude oil fund, it allocates through futures.
Friends who pay attention to financial news will see that from time to time there is news pointing out how much gold ETFs purchased last month.
In the past, gold fund holdings often amounted to hundreds of thousands or even millions.
At that time, it was really possible to extract gold, but the operation would be more troublesome.
Another advantage of gold funds is that you don’t have to worry about buying fakes. It is more convenient for people who don’t know much about gold, and there are no difficulties in custody or repurchase.
Moreover, the income of gold funds is generally higher than that of gold, because holders of gold funds can rent out their gold for a short period of time and obtain a certain amount of rent.
Although the rent is not much, it can make up for some additional expenses and be included in the net value of the fund.
Generally speaking, the returns of many gold funds are better than gold.
However, gold funds can also be regarded as a financial product.
If there is a financial crisis and the financial system collapses, then the hedging role of gold may not be able to play its role.