At present, more and more people like to invest in gold. Is the future development of gold price in Xi'an worth looking forward to? Let's get to know it with Xiaobian.
Today's gold price in Xi'an: 331 yuan / g. how about the gold price in Xi'an in the future and what kind of market trend is it? Gold prices soared last week after falling for three consecutive years, and although the two trading days have slowed down in the recent period, they still have the longest upward trend since 2012. Yesterday, Shanghai Gold main closing price 241.30 yuan per gram. It is found that the price of gold jewelry on sale is between 285 yuan and 308 yuan per gram, which is about 9 yuan higher than that on March 10. However, some salesmen believe that the price of gold jewelry in Xi'an has been fluctuating around 300 yuan per gram since this year, which is relatively stable. The impact of global gold price is not obvious in the short term. As an investment product, the rise and fall of gold price has attracted many people's attention. After a long-term sharp fall and a new low in January and February last year, the gold price has bottomed out and recovered. Now it is basically stable, and the enthusiasm of consumers to buy gold tends to be rational.
There are two main reasons for the rise of gold prices in recent two weeks. One is that the US Federal Reserve's monetary policy statement in March is cautious about the US economy and the pace of interest rate hikes. Generally speaking, higher interest rates will stimulate people to turn to high-yield products such as stocks and bonds. The Fed's continued interest rate hikes make the US dollar rise and depress the US dollar denominated gold price. The strength of the US dollar has made gold prices continue to fall in the second quarter. The US Federal Reserve's interest rate hike in January and February is a highly probable event, as gold prices will face downward pressure again in the late fourth quarter. Gold is a non interest bearing asset, so it will not be so popular; secondly, Saudi Arabia and its allies bombed the armed groups of Hussein in Yemen, and investors' risk aversion increased. Compared with the short-term trend of gold price, some analysts pointed out that investors need to pay attention to the latest progress of the situation in the Middle East; focus on the Fed's developments and the US non farm employment data next Friday; pay attention to the physical gold buying at the same time; and pay more attention to the Greek debt problem.
The above information is a general overview of today's Xi'an gold price, what are the future market trends. Those who want to buy gold in Xi'an should have a good look at these contents. Whether investing in gold or buying gold jewelry, we should pay attention to the price of gold, so as to make our gold investment better and more smoothly.
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