wholesale not your sisters jewelry il In July 2005, by May 2006, the gold spot price (referred to as gold) in London's gold market (referred to as gold) climbed from $ 411/ounce to $ 730/ounce. For about 10 months, the price of gold rose 319 US dollars per ounce, an increase of 77.6%. However, from May 12, 2006, to June 14, 2006, about a month, the price of gold fell from $ 187/ounce from $ 730. . 6%. Since June 14, 2006, the price of gold has remained at about $ 560/ounce, $ 680/ounce to this day to this day in June 2007 is about 195 yuan per gram
extension information: Has what are the factors that affect the price of gold
The unknown market risk probability, so that the price of gold continues to rise, often showing roller coaster trend. The judgment of the gold price trend is inseparable from the analysis of the factors that affect the price trend of gold. So, what is the factors that affect the price of gold? There are mainly the following points.
[1] Inflation. If the inflation is fierce, the holding cash will not be guaranteed, and the charging interest cannot keep up with the rise in prices. At this time, people will purchase gold, because the theoretical price of gold will rise at this time. The higher the general western countries, the greater the requirements for preservation of gold, and the higher the world's gold prices. Among them, the rising rate of the United States is the easiest to change gold.
[2] Local interest rate. Investment gold will not obtain interest, and its profit has increased by price. When the interest rate is low, the investment gold will have certain benefits, but when the interest rate rises, the interest charging interest will be more attractive, and the investment value of non -interest gold will decline.
[3] Supply and demand relationship. The supply of gold mainly comes from three aspects: mining development, selling reserves for sale of central banks from various countries, and recovery of old cities. While the demand for gold continues to grow, the supply growth rate cannot keep up with the pace of demand growth, especially in South Africa's gold production decline, which means that the central bank needs to sell gold to make up for the supply and demand gap.
[4] Central banks of various countries. The central banks of various countries are large households held by gold, and their willingness to hold gold directly affects the trend of gold prices. If the central bank absorbs or increases its holdings, the price of gold will rise. On the contrary, if the central bank sells gold, the price of gold will fall.
In addition to the above reasons, from the macro perspective, the fluctuations in the international stock market, the rise and fall of crude oil prices, the political turmoil, and the financial crisis are all factors that affect the price of gold. Investors are speculating. Pay close attention to the impact of the above factors in gold.
wholesale costume jewelry suppliers in atlanta ga In July 2005, by May 2006, the gold spot price (referred to as gold) in London's gold market (referred to as gold) climbed from $ 411/ounce to $ 730/ounce. For about 10 months, the price of gold rose 319 US dollars per ounce, an increase of 77.6%. However, from May 12, 2006, to June 14, 2006, about a month, the price of gold fell from $ 187/ounce from $ 730. . 6%. Since June 14, 2006, the price of gold has remained at about $ 560/ounce -680 US dollars/ounce to this day.
fashion jewelry wholesalers Pay content for time limit to check for freenAnswer in July 2005, by May 2006, the gold spot price (referred to as gold) from the London Gold Market (referred to as gold) rose from $ 411/ounce to $ 730/ounce. For about 10 months, the price of gold rose 319 US dollars per ounce, an increase of 77.6%. However, from May 12, 2006, to June 14, 2006, about a month, the price of gold fell from $ 187/ounce from $ 730. . 6%. Since June 14, 2006, the price of gold has remained at approximately $ 560/ounce -680 US dollars/ounce to the current June 2007 about 195 yuan per gram per gram
wholesale not your sisters jewelry il In July 2005, by May 2006, the gold spot price (referred to as gold) in London's gold market (referred to as gold) climbed from $ 411/ounce to $ 730/ounce.
For about 10 months, the price of gold rose 319 US dollars per ounce, an increase of 77.6%. However, from May 12, 2006, to June 14, 2006, about a month, the price of gold fell from $ 187/ounce from $ 730. . 6%. Since June 14, 2006, the price of gold has remained at about $ 560/ounce, $ 680/ounce to this day to this day
in June 2007 is about 195 yuan per gram
extension information:
Has what are the factors that affect the price of gold
The unknown market risk probability, so that the price of gold continues to rise, often showing roller coaster trend. The judgment of the gold price trend is inseparable from the analysis of the factors that affect the price trend of gold. So, what is the factors that affect the price of gold? There are mainly the following points.
[1] Inflation. If the inflation is fierce, the holding cash will not be guaranteed, and the charging interest cannot keep up with the rise in prices. At this time, people will purchase gold, because the theoretical price of gold will rise at this time. The higher the general western countries, the greater the requirements for preservation of gold, and the higher the world's gold prices. Among them, the rising rate of the United States is the easiest to change gold.
[2] Local interest rate. Investment gold will not obtain interest, and its profit has increased by price. When the interest rate is low, the investment gold will have certain benefits, but when the interest rate rises, the interest charging interest will be more attractive, and the investment value of non -interest gold will decline.
[3] Supply and demand relationship. The supply of gold mainly comes from three aspects: mining development, selling reserves for sale of central banks from various countries, and recovery of old cities. While the demand for gold continues to grow, the supply growth rate cannot keep up with the pace of demand growth, especially in South Africa's gold production decline, which means that the central bank needs to sell gold to make up for the supply and demand gap.
[4] Central banks of various countries. The central banks of various countries are large households held by gold, and their willingness to hold gold directly affects the trend of gold prices. If the central bank absorbs or increases its holdings, the price of gold will rise. On the contrary, if the central bank sells gold, the price of gold will fall.
In addition to the above reasons, from the macro perspective, the fluctuations in the international stock market, the rise and fall of crude oil prices, the political turmoil, and the financial crisis are all factors that affect the price of gold. Investors are speculating. Pay close attention to the impact of the above factors in gold.
wholesale costume jewelry suppliers in atlanta ga In July 2005, by May 2006, the gold spot price (referred to as gold) in London's gold market (referred to as gold) climbed from $ 411/ounce to $ 730/ounce. For about 10 months, the price of gold rose 319 US dollars per ounce, an increase of 77.6%. However, from May 12, 2006, to June 14, 2006, about a month, the price of gold fell from $ 187/ounce from $ 730. . 6%. Since June 14, 2006, the price of gold has remained at about $ 560/ounce -680 US dollars/ounce to this day.
fashion jewelry wholesalers Pay content for time limit to check for freenAnswer in July 2005, by May 2006, the gold spot price (referred to as gold) from the London Gold Market (referred to as gold) rose from $ 411/ounce to $ 730/ounce. For about 10 months, the price of gold rose 319 US dollars per ounce, an increase of 77.6%. However, from May 12, 2006, to June 14, 2006, about a month, the price of gold fell from $ 187/ounce from $ 730. . 6%. Since June 14, 2006, the price of gold has remained at approximately $ 560/ounce -680 US dollars/ounce to the current June 2007 about 195 yuan per gram per gram