2 thoughts on “What are the four major factors that affect gold price fluctuations?”
Dora
1. The price of gold is easily affected by the strength of the US dollar. The law of price market development shows that the price of gold is closely related to the US dollar index. When the US dollar goes up, the price of gold will decrease accordingly, the US dollar falls, people's awareness of risk aversion will increase, and the price of gold will rise accordingly. 2. Petroleum. In general, once the price of oil in the international market rises, it may cause inflation, and the expansion or expansion will cause people to increase the sense of danger. When it goes, the price of gold usually goes up. 3. Gold substitute. Like bonds and Bitcoin, which are more popular in the past two years, have relatively high risk aversion functions to meet people's investment needs. Therefore, if the psychological outbreak of panic in the market, people's funds will most likely flow to these alternative varieties. Caused that the price of gold is not as good as expected, so it also needs to pay special attention. 4. Important economic data. Pay attention to major economic data in the market also helps improve the accuracy of the judgment of gold prices. Especially the non -agricultural data released by the United States on the first Friday and the interest rate hike rate formulated by the Federal Reserve will bring a lot of markets every time.
Gold supply and demand and gold price The changes in gold prices are first affected by the supply and demand relationship of the gold itself. Therefore, as an investor with his own investment principle, you should try to understand any factors that affect the supply of gold, so as to further understand the dynamics of other investors in the field and predict the trend of gold prices to achieve reasonable investment Purpose. From the perspective of gold supply, it mainly includes mineral gold, regeneration gold, and official funds. From the perspective of demand structure, the demand for gold jewelry is the highest, followed by investment demand, and once again, there are relatively stable industrial needs. Investors can pay attention to changes in relevant indicators to judge the supply and demand of the current gold market. The dollar trend and gold price Gold as a currency recognized by countries for a long time, which is more stable than the US dollar. Although the dollar is not as stable as gold, it is better than gold. When the international political situation is tight, the real value of the US dollar will be affected, and people will buy gold due to expected rising gold prices or affirming the stability of gold prices. It can be seen from the comparison of the US dollar index and the price growth rate of spot gold in London that the negative correlation between the two is more significant. Simply put, the dollar strong gold is weak; gold is weak. If inflation and gold prices a country's currency purchase ability is based on the price index. When the price of a country is stable, the more stable its currency purchases. If the price index in the United States and the world's major regions remains stable, hold cash will not depreciate, and there is interest income, it will inevitably become the first choice for investors. Conversely, if inflation is severe, the actual depreciation will occur in holding cash. At this time, people will purchase gold, and the theoretical price of gold will rise with inflation. The higher the inflation in the major Western countries, the greater the requirements for preservation with gold, and the higher the world's gold prices. Among them, the inflation rate in the United States is the easiest to change the change of gold. Some smaller countries such as intelligence have a maximum of 400 times per year, but have no effect on the price of gold. The period of war and political shocks and gold prices During the war period of war and political situation, economic development will be greatly restricted. Any local currency may depreciate due to inflation. At this time, the importance of gold was exerted vividly. Due to the recognized characteristics of gold, it is an internationally recognized trading medium, at this moment, people will put their goals into gold. The snap -up of gold will inevitably cause the price of gold.
1. The price of gold is easily affected by the strength of the US dollar. The law of price market development shows that the price of gold is closely related to the US dollar index. When the US dollar goes up, the price of gold will decrease accordingly, the US dollar falls, people's awareness of risk aversion will increase, and the price of gold will rise accordingly.
2. Petroleum. In general, once the price of oil in the international market rises, it may cause inflation, and the expansion or expansion will cause people to increase the sense of danger. When it goes, the price of gold usually goes up.
3. Gold substitute. Like bonds and Bitcoin, which are more popular in the past two years, have relatively high risk aversion functions to meet people's investment needs. Therefore, if the psychological outbreak of panic in the market, people's funds will most likely flow to these alternative varieties. Caused that the price of gold is not as good as expected, so it also needs to pay special attention.
4. Important economic data. Pay attention to major economic data in the market also helps improve the accuracy of the judgment of gold prices. Especially the non -agricultural data released by the United States on the first Friday and the interest rate hike rate formulated by the Federal Reserve will bring a lot of markets every time.
Gold supply and demand and gold price
The changes in gold prices are first affected by the supply and demand relationship of the gold itself. Therefore, as an investor with his own investment principle, you should try to understand any factors that affect the supply of gold, so as to further understand the dynamics of other investors in the field and predict the trend of gold prices to achieve reasonable investment Purpose. From the perspective of gold supply, it mainly includes mineral gold, regeneration gold, and official funds. From the perspective of demand structure, the demand for gold jewelry is the highest, followed by investment demand, and once again, there are relatively stable industrial needs. Investors can pay attention to changes in relevant indicators to judge the supply and demand of the current gold market.
The dollar trend and gold price
Gold as a currency recognized by countries for a long time, which is more stable than the US dollar. Although the dollar is not as stable as gold, it is better than gold. When the international political situation is tight, the real value of the US dollar will be affected, and people will buy gold due to expected rising gold prices or affirming the stability of gold prices. It can be seen from the comparison of the US dollar index and the price growth rate of spot gold in London that the negative correlation between the two is more significant. Simply put, the dollar strong gold is weak; gold is weak.
If inflation and gold prices a country's currency purchase ability is based on the price index. When the price of a country is stable, the more stable its currency purchases. If the price index in the United States and the world's major regions remains stable, hold cash will not depreciate, and there is interest income, it will inevitably become the first choice for investors.
Conversely, if inflation is severe, the actual depreciation will occur in holding cash. At this time, people will purchase gold, and the theoretical price of gold will rise with inflation. The higher the inflation in the major Western countries, the greater the requirements for preservation with gold, and the higher the world's gold prices. Among them, the inflation rate in the United States is the easiest to change the change of gold. Some smaller countries such as intelligence have a maximum of 400 times per year, but have no effect on the price of gold.
The period of war and political shocks and gold prices
During the war period of war and political situation, economic development will be greatly restricted. Any local currency may depreciate due to inflation. At this time, the importance of gold was exerted vividly. Due to the recognized characteristics of gold, it is an internationally recognized trading medium, at this moment, people will put their goals into gold. The snap -up of gold will inevitably cause the price of gold.