Yiwu market , the retail price of platinum per gram from 420 yuan rose to 440 yuan, boutique retail price of platinum rose to 450 yuan from 430 yuan. Although 1000 is not gold jewelry with prices, platinum prices, the merchants who will be based on the international gold price in the coming days to decide when thousands of gold jewelry price adjustment, the adjusted number.
Crude oil pushed up gold prices rose
Gold price trend, can not do without oil, the dollar pushed the two hands, although in normal circumstances, the trend of gold is inversely proportional relationship between the U.S. dollar, and crude oil is proportional to, but the recent trend of gold is different.
December 3, 2009, the international price of gold climbed to 1226.65 U.S. dollars an ounce, I entered an adjustment period. That at 1:33 p.m. on the 7th, three bands through 4 months after the adjustment, the price of gold has risen to 1138.30 U.S. dollars an ounce. Paper, the basic trend of gold and the international gold price trend line to the last 13:33, rose to 269.25 yuan per gram.
The main trend of this round of gold as a promoter of international crude oil --- in the past 18 months time, was "V" shaped movements. That at 1:33 p.m. on the 7th, the price for the 86.2 U.S. dollars per barrel. In these 18 months, the inflection point in the February 18, 2009, the day low of 44.26 U.S. dollars a barrel, then all the way up.
Although the U.S. dollar and gold against a go, but the recent rebound in the dollar is. In fact, this situation also appears normal, first because the U.S. economy pick up, commodity futures rose sharply after the stronger inflation expectations, preserve and increase value-added features naturally corresponding rise in the price of gold.
Recent price will steadily
"The current holders of gold (real gold and paper gold, gold) can still see high market outlook." Financial newspaper group members, Bank of China Yiwu City Branch of the Department of Personal Financial Planning Division quarter financial light of that first goal to see high from 1140 to 1160 U.S. dollars an ounce, to break through this region, may look high from 1180 to 1200 U.S. dollars this location.
Quarter of the light that the recent euro and pound sterling, pound them slightly better than the euro, mainly due to the euro zone countries are facing a debt crisis, the dollar is a good reason for recent performance. In addition, as the "valley of gold ore production," the Australian interest rate rises, suggesting that inflation expectations more strongly, leading to higher commodity prices.
On the domestic market, as May draws near, the quiet days of the wedding market in turn exciting, it will be increasing demand for gold. Combination of these factors, the recent trend of gold price will remain steadily. For gold investors, gold futures and paper, should always be concerned about the impact of the recent trend of major commodities gold price trend.
Most viewed article
»Yiwu City , the first exhibition Seal»Hangzhou animation business
»Yiwu market, raised the retail price of platinum
»Yiwu Held China Commodity City Culture and Arts Festival