american wholesale jewelry ring 14k diamond Why did the gold price fall

wholesale licensed jewelry Investment needs to pay attention to the decline in gold prices, the gold consumer market has gradually recovered, and more and more people buy. Experts remind the public that investing in gold is both time -consuming and expensive. If you hold a lot of gold and the price of gold fluctuate, you cannot eliminate the risk of being stuck in the opposite direction. Since the beginning of this year, the gold market has shocked and the price of gold has fluctuated. Recently, international gold prices have continued to decline, hitting a new low this year. Is it appropriate to buy gold at this time? What should I pay attention to in investment?
The international price of gold is about $ 1,700 per ounce. From the perspective of domestic gold spot prices, the current price per gram is around 480 yuan. As the price of gold fell, the gold consumer market gradually began to recover, and more and more people purchased. Lu Ting, the manager of the Golden Jewelry Brand Store of Nanjing Golden Eagle World, said: It is tight, out of stock, and needs to be reservations. Most of them bought the elderly for their children and grandchildren.
The business manager Yu Zhikang, the business manager of Jiangsu Golden Bell Gold Jewelry Investment Co., Ltd., said that in the past month, the sales volume has doubled to 100%. Experts remind citizens that investing in gold will take time and money. It is a wise choice to buy gems and gold bars with your own spare money to disperse risks. However, if you hold a lot of gold and the price fluctuates, you cannot eliminate the risk of being stuck in the opposite direction.
But overall, the price of gold is hit for nearly 7 months. I don't know if the news is good or bad. In short, the reasons for the plunge of gold can be roughly divided into these categories. For example, the exchange rate of the US dollar has changed a certain degree of change, which will indirectly affect the price of gold on this basis. The other is the monetary policy, which will also affect the price trend of gold, because if the state adopts a tightening monetary policy, the price of gold will rise, and vice versa. When it comes to the decline in gold prices, it is necessary to mention that when oil prices fall, the price of gold will also fall according to oil prices, which is an unchanged conclusion in history. rniknow-pic.cdn.bcebos/?x-bce-process=image/resize,m_lfit,w_600,h_800,limit_1/quality,q_85/format,f_autornrnrn