What determines the price of gold? What determines the price of gold?

Updated on Financial 2024-05-06
8 answers
  1. Anonymous users2024-02-09

    In fact, on the whole, ** is determined by its own supply and demand relationship. That is what we say, when the supply exceeds the demand, then the ****, on the contrary, when the demand is greater than the supply, then the ****.

    There are many factors that affect ****, and here are a few key factors:

    1.The movement of the US dollar.

    We all know that the measurement of the international gold price is calculated in US dollars......$1800 oz......That is to say, as a numerator, when the "dollar" depreciates, the corresponding gold price will be **. The relationship between the two is inverse, when the dollar is strong, the price of gold will be **, and conversely, when the dollar weakens (depreciates), the price of gold will be **.

    2.Stability or instability of the world situation.

    When the situation appears to be stable, the currency (or bonds) issued by the state have a high credit rating and a decent rate of return, people will choose them instead of **, and the price of gold will go down; On the contrary, when the situation is turbulent (or even war), people will buy ** for the sake of asset security, hoping that the asset will maintain its value, and the price of gold will rise.

    3.Economic situation.

    When the economy is booming, the return on investment in real estate, ** or other channels is considerable, then the number of people who choose to buy ** decreases, and the price of gold falls; On the contrary, when the financial crisis occurs, the investment market mourns again, suffers heavy losses, people actively buy the best to maintain and increase the value, and the price of gold rises.

    4.Inflation levels.

    The purchasing power of a country's currency is determined based on the price index (CPI, i.e. the currency rate). When a country's prices are stable, the more stable the purchasing power of its currency becomes. Conversely, the higher the currency rate, the weaker the purchasing power of the currency, and the less attractive the currency becomes.

    As soon as inflation is high, purchasing power decreases, and money becomes "worthless", then people will also actively buy**, and the price of gold will rise.

    5.Petroleum**.

    According to incomplete statistics, in the past 100 years since oil became the main energy source, no matter how turbulent the economy is, 1 ounce of **can buy about 20 22 barrels**. This purchasing power has not deviated too much. Then when the price of oil rises, it shows that the inflation level is high, and the corresponding gold price will also rise; Conversely, gold prices are lower.

    6.**Supply and demand for consumption.

    If there is a significant increase in production, the price of gold will be affected and will fall. However, if the increase in production stops due to reasons such as prolonged strikes by miners, the price of gold will appreciate in the event that demand exceeds supply. In addition, the application of new gold mining technology and the discovery of new mines have increased the supply of gold, which will of course increase the price of gold.

    There may also be a custom of investment in a place, such as the investment boom in Japan, which needs to increase greatly, and at the same time leads to a steady increase in investment.

    Of course, there are many factors, but they are mainly the above, and in the final analysis, it is determined by supply and demand.

  2. Anonymous users2024-02-08

    Factors influencing **: 1Supply factor 2Demand factors. 3. Other factors (including: the impact of the US dollar exchange rate, inflation, international ****, etc.)

  3. Anonymous users2024-02-07

    I think it's determined by the supply and demand of the market. Or it can be said that scarcity is expensive.

  4. Anonymous users2024-02-06

    What is controlled by what, and what are the seven points that need to be paid attention to in investment?

  5. Anonymous users2024-02-05

    Now** as a very popular financial product.

    Many people will buy** for investment use. A friend of mine has purchased a **, and he said that he put ** in the bank's ****.

    **, you will be able to get a large amount of profit. What are the factors that determine this?

    First, from the perspective of supply factors.

    First of all, we should all know that things are rare and expensive, and if a large number of them are flooded, then the number of things will fall. Therefore, under the control of the state, the mining volume has been controlled, and too much can be mined, and too much can be mined into the market. Today, there are about 10,000 tons of reserves on the ground, and the stocks on the ground are growing at a rate of 20% every year.

    Therefore, the annual supply and demand are about 4,200 tons, and the annual new output accounts for 62% of the annual volume. This also shows that although the demand for ** is relatively large, most of it is circulated in the market, and there are not many ** mined from the ground.

    Second, from the perspective of demand factors.

    Now many people want to buy, which also means that they are in a seller's market, so if the demand rises, then the demand will naturally rise accordingly. In the past, many people liked diamonds and jewelry, but now many people like jewelry, and it is also used in industry. And ** has a value preservation effect, so the demand for ** has always been very large, so the demand factor is an important factor in determining the **.

    3. Summary. In general, it is also pegged to the dollar, if the dollar appreciates, then it will depreciate, if the dollar depreciates, then it will appreciate, and the two of them are opposites. Therefore, there are many factors that affect the market, mainly depending on the development of the market, if the market development is good, then the market will rise.

    So if you want to buy ** as a financial product, it is also very suitable, it has a lot of room for appreciation in the future.

  6. Anonymous users2024-02-04

    The dollar is affected by the dollar, because they are all traded in the dollar, so the depreciation or appreciation of the dollar will affect the dollar.

  7. Anonymous users2024-02-03

    Valuation is determined according to the relationship between market price and weight, and the standard is determined according to the real-time gold price of the Shanghai Exchange, that is, the latest transaction, which is the standard that everyone abides by. And there are market factors in the standard, and it is not changed casually. The pricing ** is a fixed price transaction, mostly novel styles, in addition to this store other stores can not be bought, there are patented styles.

    Normally, pricing is generally much more expensive than pricing.

  8. Anonymous users2024-02-02

    As a traditional investment variety, it has attracted a lot of people's attention and investment. However, there are also some pitfalls to be aware of when purchasing, and here are some suggestions to avoid pitfalls when purchasing:

    1.Choose a regular channel to buy**. Formal sales channels should be legally registered and compliant operating companies or financial institutions, and the quality and authenticity of these channels are guaranteed.

    And some informal ** sales channels or private transactions, there may be ** quality or authenticity problems, you need to be cautious to buy.

    2.Pay attention to the fineness and purity of **. The fineness and purity of ** are important factors that affect ****.

    Generally speaking, the higher the purity, the more expensive, the higher the fineness, the brighter the color, and the better the quality. When purchasing, pay attention to check the fineness and purity of **, and choose ** that meets the requirements.

    3.Be aware of the fluctuations. It is determined by the relationship between supply and demand in the market, so it fluctuates greatly. Before buying, pay attention to grasp the market dynamics, and avoid buying when it is too high, or selling when it is too low.

    4.Pay attention to the storage and storage of **. **It is a valuable item, which should be properly stored and kept to avoid loss or theft. It is recommended to store it in a bank safe deposit box or a special safe deposit box after purchasing.

    5.Pay attention to the processing fee for purchases. Some channels charge higher fees when selling, and these fees can adversely affect investor returns.

    Before purchasing**, pay attention to understanding and comparing the handling fees of different channels and choose the right channel.

    To sum up, when buying, you need to pay attention to choosing formal sales channels, paying attention to the fineness and purity of the market, paying attention to market fluctuations, properly storing and keeping, and paying attention to the handling fee, so as to avoid the pitfalls of investment.

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