4 thoughts on “The falling gold price attracted a lot of buyers, so is it a good time to buy gold now?”
Elijah
It is time to buy. First of all, the Federal Reserve ’s stance adopted to fight high inflation has pushed the US dollar index to a 20 -year high, causing gold to pressure gold. Another gold brand salesman told reporters that the price of gold jewelry of the mall this year has been declining. The price of more expensive brands dropped from about 520 yuan/gram to about 480 yuan/gram in one month. It also dropped from about 445 yuan/gram to about 415 yuan/gram. It investors make up for the position, and the sales of gold bars increase. In addition to the increase in sales of gold jewelry, gold investment has also ushered in a small climax. Some investors choose to make up for the position, and the sales volume of investment bars also increases a lot. The sales director of the Golden Bar Group of China Golden Beijing Flagship Store, more customers are more than before. It increased by 200%and sales increased by 20%. People like to follow the flow, so many people will follow the trend when they buy gold. This hype also accelerated the rise. If more, there is a hedge function. As the saying goes, "Buy money in troubled times". During the popular period of COVID-19, economic instability. In addition, the United States has recently continued to provide irrational provocations in China, reducing the trust of investors, and increasing investors' cognitive risks. These factors highlight and strengthen the risk aversion function of gold. The second short -term factor is that investors' demand for gold has increased. In the past, when the gold futures contract expired, a large number of investors chose to extend futures contracts instead of physical delivery. It to know the past Spring Festival, there is a strange phenomenon, that is, the number of people in the gold shop has decreased. Many people like to wear gold jewelry, because gold symbolizes wealth and noble, and can bring good luck. Therefore, the Spring Festival in previous years is a good time for the profitability of Golden Store. Some people buy gold jewelry for themselves or their families. It brings good luck a year, and some people use new year -end awards or New Year's money to buy a gold product. So we must seize the opportunity and take a good time.
I think it ’s a good time to buy gold now. Buying at a low price is definitely not wrong. After the stable market market is stable, the price of gold may be rebounded.
It is time to buy. First of all, the Federal Reserve ’s stance adopted to fight high inflation has pushed the US dollar index to a 20 -year high, causing gold to pressure gold. Another gold brand salesman told reporters that the price of gold jewelry of the mall this year has been declining. The price of more expensive brands dropped from about 520 yuan/gram to about 480 yuan/gram in one month. It also dropped from about 445 yuan/gram to about 415 yuan/gram.
It investors make up for the position, and the sales of gold bars increase. In addition to the increase in sales of gold jewelry, gold investment has also ushered in a small climax. Some investors choose to make up for the position, and the sales volume of investment bars also increases a lot. The sales director of the Golden Bar Group of China Golden Beijing Flagship Store, more customers are more than before. It increased by 200%and sales increased by 20%. People like to follow the flow, so many people will follow the trend when they buy gold. This hype also accelerated the rise.
If more, there is a hedge function. As the saying goes, "Buy money in troubled times". During the popular period of COVID-19, economic instability. In addition, the United States has recently continued to provide irrational provocations in China, reducing the trust of investors, and increasing investors' cognitive risks. These factors highlight and strengthen the risk aversion function of gold. The second short -term factor is that investors' demand for gold has increased. In the past, when the gold futures contract expired, a large number of investors chose to extend futures contracts instead of physical delivery.
It to know the past Spring Festival, there is a strange phenomenon, that is, the number of people in the gold shop has decreased. Many people like to wear gold jewelry, because gold symbolizes wealth and noble, and can bring good luck. Therefore, the Spring Festival in previous years is a good time for the profitability of Golden Store. Some people buy gold jewelry for themselves or their families. It brings good luck a year, and some people use new year -end awards or New Year's money to buy a gold product. So we must seize the opportunity and take a good time.
I think it ’s a good time to buy gold. Now the price of gold has also fallen. For some people who want to buy gold, it is also a very good choice now.
I think it ’s a good time to buy gold now. Buying at a low price is definitely not wrong. After the stable market market is stable, the price of gold may be rebounded.
The current price of gold is not the best time to buy. After all, there may be a decline in the future.