Gold Prices Bottom Three Quarter Or Rebound

< p > into 2014, < a href= "http://www.91se91.com" > Gold < /a > prices after two months of warmer recovery, the last three weeks continued to fall sharply.

As of March 31st, $1284.45 was collected, and a line with a long line of shadows was collected. From the perspective of the monthly line, it turned green after March in February of 1 and February.

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< p > "the current position is not the lowest gold price." Wang Wenbin, executive deputy general manager of gold and Silver Street (Chengdu) gold and silver jewelry Co., Ltd., told reporters, "the possibility of wearing 1200 points under the gold price is very large. It will continue to show the trend of bottom searching, and the three quarter is likely to usher in a rebound opportunity."

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< p > < strong > gold price approaching 1200 points lifeline < /strong > /p >

< p > for gold, the 1200 point is an important psychological barrier, because now the comprehensive production cost of gold is near 1200 US dollars, if further down, the associated enterprises will face losses, so the 1200 point has become the key position for the two sides to compete.

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< p > it is understood that 2013 is the year when gold prices continue to fall. However, the breakdown of 1200 points in June and December is the lowest in the whole year, reaching a minimum of 1180 points, with a maximum decline of 30%.

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"P > P > gold and Silver Street Market Analyst Shi Yanan pointed out that the downregulation of" a href= "" http://www.91se91.com/news/index_s.asp "> gold price < /a > has its internal logic. On the one hand, the price of gold is suppressed by the adjustment expectation of the monetary policy of the Fed. On the other hand, the price of gold has risen sharply in 12 years, and there is a need of callback on the technical level.

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< p > in addition, the gold price trend is closely related to the international situation.

"By the recovery of the US economy, the risk aversion of international funds has slowed down, which has caused some pressure on gold prices objectively," Wang Wenbin stressed. In addition, gold prices continued to skyrocket so that they broke away from the nature of commodities, resulting in high prices and inevitable callbacks.

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At present, the situation in Ukraine is easing. The monetary policy of the Federal Reserve has become the leading factor affecting the price of gold. Then the situation of the US economic data has become the main reference factor of the US monetary policy. P

Under the influence of US data better than expected, speculators based on hedge funds have weakened the price of gold, and the price of gold has been under pressure again.

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< p > this means that in the context of the US withdrawal from the QE, the Fed's rate hike is expected to become an important factor affecting the price of gold. "Raising interest rates is expected to be the biggest pressure of precious metals prices in 2014".

Shi Yanan predicted that, at the latest in 2015, "the interest rate of the US dollar will be adjusted once, which may have an important impact on the price of gold, but the market will react ahead of schedule this year".

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< p > recruitment investment recently issued a report that the key support position of the 1280 point can be paid attention in the short term. If the position can not form effective support, the gold price still has certain downward space.

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< p > < strong > three quarter or ushered in a rebound market < /strong > < /p >

< p > compared with the sharp fall in 2013, gold prices went out of the market after entering 2014, which also brought confidence to the market.

If there is no big accident, gold prices are expected to rebound after the completion of bottoming.

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< p > an interesting phenomenon is that although international investment banks continue to sing empty gold, the investment banks' "singing empty but not short" is more common.

Recently, the net position of international gold CFTC has dropped slightly, but the traces of institutional clearance in batches have become more obvious.

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A recent report by UBS group also pointed out that although the gold bullion position is decreasing, the market correction is more orderly, while buying at low prices is also obvious.

"This reflects a potential improvement in the mood of the gold market, and investors understand the value of gold in the portfolio, and therefore enter the opportunity to find a better price level."

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< p > Wang Wenbin stressed that in the long run, on the one hand, gold is scarce as a resource and there is no kinetic energy to decline. On the other hand, with the continuous maturity of the gold consumer market, the increase of < a href= "http://www.91se91.com/news/index_s.asp" > dissipation /a > will also play a positive role in gold price.

"The slowest 3-5 years, the fastest 2-3 years, the gold price is expected to return to 2000 points."

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< p > it is understood that in 2013, China's gold consumption reached 1176.40 tons, an increase of 41.36% over the same period last year.

Among them, gold bars used 375.73 tons of gold, an increase of 56.57% over the same period, and 716.50 tons of jewellery gold, an increase of 42.52% over the same period last year.

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< p > the world gold association predicts that China will replace India as the world's largest gold consumer in 2014 due to the strict import requirement of India.

Meanwhile, in 2013, China's gold output reached 428.163 tons, an increase of 6.23% over the previous year, a record high, ranking seven in the world for the first time in a row.

Judging from the price judgment, the gold price trend in 2014 will be divided into three parts.

Shi Yanan pointed out that in the first half of the year, gold prices remained at 1200 points -1390 point wide shocks; there may be a downward trend in the middle of the year; in the three quarter, the support from consumer warming is expected to rebound.

On the operational level, investors can build stocks in batches and settle in batches according to the price trend of gold.

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< p > < strong > investment ratio or continue to upgrade < /strong > < /p >

< p > as we all know, for domestic general investors, there are few investment targets to choose.

In the case of real estate encountering macro control and a bleak stock market, gold investment was once considered to be one of the main investment varieties. In 2013, it even staged a "feat" of China's aunt's "Wall Street".

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< p > but with the sharp fall in gold prices and the collectives of Chinese mothers, especially in recent years, the price of jewellery and diamonds has been rising. The investment value of gold has once been controversial, and investing in diamonds has become a hot topic.

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< p > to this, Wang Wenbin said that the two party can not be mentioned in the same breath.

As an investment target, gold has its intrinsic value, which can not be easily replaced. As a consumer product, the beauty of gold jewelry is also rising.

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< p > Wang Wenbin said, "diamonds are a kind of consumer goods, representing beauty rather than investment attributes. More importantly, the price of diamonds is not uniform, so it is difficult to realisk."

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< p > in fact, in view of the recent rise in the price of diamonds in recent years, Shi Yanan pointed out that similar investment in art does not exclude the factors of market speculation.

But as far as investment is concerned, the investment value and attractiveness of gold will continue to improve with the abundance of gold series investment products.

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< p > what needs to be pointed out is that compared with < a href= "http://www.91se91.com" > stock > /a > market, gold investment is basically a long-term investment. Investors should have relatively rational investment psychology when choosing gold.

In the proportion of household gold investment, the ratio of 10%-15% can be used as reference position ratio.

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