julie vos jewelry wholesale The price of gold plunged 20%within a day. Will the "aunt" still bottom out?

lab made jewelry wholesale 70 On April 15, 2013, the international gold price plunged 20%within a day to $ 1371.51/ounce.

In the next 10 days, a gold tide with a Chinese aunt as the main body, snapped up about 300 tons of gold, the total value reached 100 billion yuan.

If participation in this batch of buying funds, if patiently, then 2020 is the year of harvest. On August 31, 2020, the price of gold exceeded the $ 2,000 mark, up to $ 2075/ounce.

Golds have been singing in 2020. At the time of the rise of the US dollar and the turbulence of the US government bond market, the recent international gold price has fallen to the lowest level in more than 8 months.
The as of 12:30 on March 3, Beijing time, international gold prices fell 3.24%to $ 1734.76 per ounce. On March 2nd, the international gold price fell to the lowest level of $ 1706.70 since June 15.

Reuters analysis believes that due to the recent increase in US dollar recovery and US debt yields, coupled with the optimism of the economic stimulus plan and good news about the new crown vaccine vaccination, it has greatly reduced the attraction of gold to investors to investors force.

. At the same time, Goldman Sachs analyzed that China, as the world's largest gold consumer country, has a sharp decline in international gold prices and may further stimulate gold imports.

The implication, the opportunity of Chinese aunts' bottoming opportunities came again?

Gold likes "bad news"

The "shelter" as the market, the investment community joked gold "like bad news". When a major crisis occurs, when other market risks have increased greatly, assets from all parties will flood to this risk shelter and safeguard security port.
M. Due to the US dollar pricing for gold transactions in the international market, the US dollar exchange rate has a direct impact on gold prices.

Generally speaking, the US dollar depreciates, and major capital will choose to throw out the dollar, purchase gold, flow in funds, and push up the price of gold.

Conversely, the appreciation of the US dollar, the price of gold becomes expensive, other currencies will sell gold, buy the US dollar, and the price of gold falls.

This monetary policy has a significant impact on the price of gold in the international market.
The price of gold has not risen, but it also depends on the Fed's face

The historical proof that the gold price has reached the two or three years before the historical high, the Federal Reserve has adopted a quantitative easing policy to expand the money supply.

The end of 2020 at the end of 2020, due to the outbreak of the new crown epidemic, epidemic prevention blocking the economy of various countries, followed by the central bank's large water release, stimulating the economic restart.

The international market has gained a large amount of liquidity injection and record low interest rates, and the cost of gold investment is greatly reduced.

At the same time, the quantitative easing of the Fed and the US government's trillions of US dollar fiscal stimulus plans have entered a depreciation channel.

This year, the Global Gold ETF Fund has gained large -scale capital influx, and the international gold price increases by about 23.8%.

Louise Street of the Market Information Consultation Department of the World Gold Association: "The new crown epidemic creates a perfect storm for gold investment."

2021, wind direction, wind direction Sudden change

, in 2021, gold fell for two months.

Mas of institutions analyzed that the recent increase in 10 -year Treasury bonds in the United States has increased by 1.6%, and the economic recovery is relatively strong. diving.

On February 25, the 10 -year US debt yields once exceeded 1.6%, and finally closed up 14.4 basis points to 1.524%, a new high since February 2020. At the same time, the US dollar index rose 0.44%in February to 90.94.

In the "Financial Times" report, on March 1, the amount of gold ETF's positioning decreased by more than 14 tons, the maximum decline in three months. Not only that, the gold holdings of the Gold ETF have declined for 11 consecutive trading days, and it is currently at the lowest level since July last year.

At the same time, analysts of Citi Group said that although gold has a hedging function, it is facing compete in cryptocurrencies such as Bitcoin. More and more investors this year believe that Bitcoin can hedge inflation and work better. The price of Bitcoin has risen 55%this year, currently about $ 49,000.

The aunt Chinese aunt has started?

The time back to 2013, Wall Street crocodiles are planning to be shorted to short gold. On April 15th of this year, the price of gold plunged 20%within a day, and the next day it fell to 1371.51 The US dollar/ounce fell by nearly 30%compared with the highest point of 1921.2 in 2011.

The plunge of gold prices aroused the enthusiasm of Chinese investors. For a time, a gold tide with Chinese aunt as the main body was staged in major cities in China. In less than a month, the gold jewelry and bank's gold bars of major domestic shopping malls were snapped up.

It calculated that the number of gold purchased within 10 days reached about 300 tons, with a total value of 100 billion yuan -affected by this, the price of gold at the end of May changed, and the rise of May 8 that year rose to rise on May 8th of that year. To 1468.1 US dollars/ounce.

This "Get the Golden Tide" to make the hot word "Chinese aunt" know the world. Chinese investor.

. However, history finally proved that the golden bull market did not continue because of the bottom copy. In 2013, with the withdrawal of the Federal Reserve quantified and loose (QE4), the international gold price quickly stepped into the downward track. Chinese aunt Chinese aunt We have been stuck since then.

The chief economist Yang Delong of Qianhai Open Source, said that due to the increase in gold value in the market, the price fluctuations of gold in 2021 are expected to fluctuate in 2021, and investors must participate cautiously.

The Financial Times believes that the weakening of international gold may lead to the recovery of the physical gold demand of the two largest consumer countries in China and India.

In statistics from the World Gold Council, in 2020, due to the slowdown in jewelry sales, gold demand has fallen to a new low in 11 years. As the epidemic is gradually controlled, the physical consumption of gold is expected to usher in recovery in 2021.

The news from the China Gold Association on February 19 shows that during the Spring Festival holiday, my country's gold consumption increased by more than 80 % over the same period last year.

abc Bullion Global General Manager Nicholas Frappell said: "At present, the golden bull market is not over." David Meger also said: "The U.S. government is expected to inject 1.9 trillion US dollars of stimulating funds to the market this week. In the future, a round of inflation may be seen. The trend of gold in this environment will be very good."
n n n n R n It is reported that the US $ 1. $ 1.1 trillion stimulus bill has been passed in the House on February 27th. According to the process, the bill will be voted in the Senate this week.

In March 2nd, local time, Fed officials also said that they will maintain a loose monetary policy, hoping to allow Americans who have lost their jobs to return to work as soon as possible. Driven by a variety of factors, a round of inflation may occur in the spring of the US economy this spring.

best wholesale jewelry findings Time was passing, and the former aunt became aunt, and was always ready to copy gold at all times.

wholesale jewelry online canada possible. Because it is terrible to plummet 20%within a day. I do n’t know how much I lost, so the “aunts” may still face the risk of bottoming.