1 thought on “Why did the gold price suddenly fall?”
Courtney
1. The changes in the exchange rate of the US dollar will also affect the price of gold, and the price of the US dollar and the price of gold changes in the inverse direction; 2, the monetary policy will also affect the gold price. If the state adopts a tightening monetary policy, the gold price will rise; N3, when the purchasing power of a country increases, the price of gold will fall accordingly; 4, the stock market also affects the price of gold. When investors will invest a lot of funds in the stock market, the price of gold will decline; 5, oil prices It will affect the price of gold. When the price of petroleum declines, the price of gold will decline. The above is the reason why the gold price plummeted. This expansion information: Gold investment introduction Is when investing in gold, there are many ways, such as investment -can be invested, gold coins, gold jewelry, etc., and you can also buy gold vouchers, gold futures, , Gold Fund and others participating in gold investment. It's just that when investors invest in gold, one thing needs to know that gold investment is relatively stable investment. Investors do not have to worry about the price of gold, which leads to a big loss of funds. Because even if the market has fallen sharply, the economy is not downturn, the price of gold is not easy to fall, and the price of gold will rise with the slump of the market. In the epidemic, a large wave of water release in the world, a large wave of bombardment in the price of gold, but by August 2020, the shocks began to fall down. This is similar to the wave of water after the financial crisis. After the financial crisis in 2008, the price of gold rose sharply, but at the end of 2012, the Federal Reserve retracted the QE suddenly, and opened a long time of adjustment. is similar to the situation today. The gold price will be adjusted in advance before the Fed officially withdraws from QE, reflecting the expectations of global tightening monetary policy. It, the price of the gold price is affected by the factors, the US dollar should be the most important, because gold is the US dollar valuation, the US dollar is cheap and gold is expensive, and the dollar is expensive and gold is cheap. In recent periods, the US dollar index has obviously rebounded. The 10 -year US debt yield of the global "benchmark interest rate" reached a two -week high, ending the five weeks of continuous declines, all of which indicate that the US dollar is becoming expensive and global funds are becoming expensive. It brings obvious pressure for gold
1. The changes in the exchange rate of the US dollar will also affect the price of gold, and the price of the US dollar and the price of gold changes in the inverse direction;
2, the monetary policy will also affect the gold price. If the state adopts a tightening monetary policy, the gold price will rise; N3, when the purchasing power of a country increases, the price of gold will fall accordingly;
4, the stock market also affects the price of gold. When investors will invest a lot of funds in the stock market, the price of gold will decline;
5, oil prices It will affect the price of gold. When the price of petroleum declines, the price of gold will decline.
The above is the reason why the gold price plummeted.
This expansion information:
Gold investment introduction
Is when investing in gold, there are many ways, such as investment -can be invested, gold coins, gold jewelry, etc., and you can also buy gold vouchers, gold futures, , Gold Fund and others participating in gold investment. It's just that when investors invest in gold, one thing needs to know that gold investment is relatively stable investment. Investors do not have to worry about the price of gold, which leads to a big loss of funds. Because even if the market has fallen sharply, the economy is not downturn, the price of gold is not easy to fall, and the price of gold will rise with the slump of the market.
In the epidemic, a large wave of water release in the world, a large wave of bombardment in the price of gold, but by August 2020, the shocks began to fall down. This is similar to the wave of water after the financial crisis. After the financial crisis in 2008, the price of gold rose sharply, but at the end of 2012, the Federal Reserve retracted the QE suddenly, and opened a long time of adjustment.
is similar to the situation today. The gold price will be adjusted in advance before the Fed officially withdraws from QE, reflecting the expectations of global tightening monetary policy.
It, the price of the gold price is affected by the factors, the US dollar should be the most important, because gold is the US dollar valuation, the US dollar is cheap and gold is expensive, and the dollar is expensive and gold is cheap.
In recent periods, the US dollar index has obviously rebounded. The 10 -year US debt yield of the global "benchmark interest rate" reached a two -week high, ending the five weeks of continuous declines, all of which indicate that the US dollar is becoming expensive and global funds are becoming expensive. It brings obvious pressure for gold