3 thoughts on “What are the factors that affect the changes in gold price”

  1. Regina

    Answer Hello, kissn1. Supply and demand relationship: In market transactions, the more the goods that are needed, the larger the supply and demand, the more it will be needed and rare. When a piece of commodity supply and demand is high, the price is often high. The price of gold is based on the supply and demand relationship. The greater the market demand for gold, the price of gold will rise. If the market's demand for gold has become smaller some time, the price of gold will fall, but the gold price itself is strong, and the price of gold generally only fluctuates in a small area; 2. The financial crisis: Once the financial crisis broke out, it will affect changes in the real economy. Too slowing the real economy will lead to the implication of the financial system of the entire country, and even cause the currency to depreciate sharply. City: Under normal circumstances, the income of the gold price market is closely related to the income of the bond market.

  2. Randolph

    1. Gold supply and demand. As a product, gold has the product attribute. The price of any commodity will be affected by the supply and demand relationship, so supply and gold demand are the most basic factor affecting the price of gold. When the supply exceeds the demand of the gold market, the price of gold will decline; when the power supply is smaller than the demand in the gold market, the price of gold will rise.
    2, international geopolitics, as a kind of hedging asset, gold is the development of geopolitics, becoming more and more sensitive. When the international geopolitical changes, the price of gold will also fluctuate sharply, especially when it involves economic powers and important areas. In particular, the direct participation of geopolitical crisis has a great impact on the trend of gold prices in the Middle East or the United States. Because the geopolitical crisis in the Middle East often increases the rise in oil prices and global inflation expectations, and the possibility of the US dollar in the United States in the United States increases the possibility of mid -term and long -term depreciation, which will greatly increase demand hedging and golden avoidance.
    3. Because gold has both goods and financial attributes, it is a symbol of assets, and it affects gold prices, such as supply and demand relationships, international geopolitics, interest rates and European main monetary policies and the United States. There are many factors for actual interest rates, and the increase in central banks that increase gold reserves have decreased, and the positions of factors such as gold mining costs, and the psychological expectations of international fund investors have decreased. These factors interaction or chain reactions have an important impact on gold prices.
    The expanded data;
    1, gold is the basic form of chemical element gold (chemical element symbol AU). It is a soft, golden, corrosive precious metal. Gold is rare, more precious and highly evaluated metal. Gold is generally represented in the world. In ancient China, "beams" were used as gold stocks. This is a very important metal. It not only reserves and invests special currency, but also is important materials for jewelry, electronics, modern communications, aerospace military industry and other departments.
    2, as precious metals, gold has good physical properties. The meaning of "real gold is not afraid of fire", gold has high chemical stability, it is not easy to respond to other substances, and there is no need to worry about oxidation and discoloration. Even in the melting state, it will not be oxidized and discolored, and it will still be bright after cooling. High -density and heavy feeling. Good toughness and ductility, good conductivity. Pure gold has bright yellow, but the color is greatly changed after adding other metals.
    3. In the element cycle table of Menjetv, the golden sequence of the gold is 79, that is, the golden nucleus of the gold contains 79 substance bands of positive charge. The accessories have good chemical stability. In the metal market, gold and 铑, 铑, 钯, 锇, 铱, 铱, platinum and other metals are collectively referred to as precious metals.
    It hope to help you.

  3. Jacob

    1. Relations between countries
    The golden shelter is a shellfish, and its price naturally changes with world risks. The most influential one is the relationship between countries, which means whether the international situation is safe. Once the unsafe factors accumulate, it may eventually lead to war. Therefore, once the relationship between countries becomes worse, the market's awareness of risk aversion will be evoked, and the current price of London Gold has naturally risen, and vice versa.
    2. The international economic environment London Gold also has the golden traditional value preservation purposes, which is also affected by the international economic environment. For example, the economic development of international or a certain region is too fast or a vicious circle of viciousness, which eventually leads to the depreciation of currency. At this time, people think that holding gold can avoid being affected by the depreciation of the currency. The current price will usher in a process of raising.
    3, US dollar factors: The United States, as a world economic power, its currency dollar is also the price unit of London gold, because the US dollar factors will also affect the current price of London gold. As a world currency, the US dollar has formed a competitive relationship with London Gold as a preservation product. When the US dollar appreciation is expected to be greater than London Gold, investors in various countries in the world are more inclined to sell London Gold and turn to the US dollar. Followed by, and vice versa.

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