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2 thoughts on “wholesale bulk costume jewelry What is determined by the rise and fall of gold prices?”
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wholesale kundan jewelry If you want to know the rise and fall of gold prices, it is recommended to seek as much as possible to seek large -scale platforms with sufficient professional experience, and appropriately use the strategy and methods provided to improve the rationality of judgment. Since 2010, Foghlin Group has been based on Hong Kong. With professional spirit and strict quality surveillance, he persisted in pursuing excellent quality and provided diversified financial investment services for Greater China investors.
wholesale georgia bulldog jewelry I. The stock market rises and falls
Once the price of stock assets falls, the capital has a sheltering demand. The gold preservation function is recognized by everyone, and it is very suitable as a shelter. Therefore, once the stock market has plummeted, people buy gold, and the price of gold will generally rise.
October, the US stock market has continued to decline, and international gold prices have risen from 260 yuan to 283 yuan (unit: RMB), which confirms the close relationship between the rise and fall of the stock market and the price of gold.
. The dollar
Gold and US dollar generally fluctuate. As soon as the dollar rose, the price of gold fell. As soon as the dollar fell, the price of gold rose. The US dollar is the most powerful currency in the world. Once the dollar is weak, only gold can act as the first "hard currency", so its demand will rise, and the price will rise with the water.
. The international political situation
For the international financial market, the biggest risk is political risks. As the saying goes, the cannon sounds, gold is two thousand. As long as geopolitical frictions appear in the Middle East and North Korea, capital will always choose to invest in gold "hedging" during this period.
. Inflation
If inflation to erode the currency's purchasing power. Once the purchasing power of a certain currency weakens, the price of other assets will depreciate. Will choose gold to preserve and avoid risks, and the price of gold rises.
. Petroleum price
Once inflation occurs, gold is the best preservation product. International gold prices are closely related to inflation in the United States. Once the price of oil rises, it is often accompanied by inflation, and the price of gold rises.