Gold Market Prices Continue To Decline Can Not Be Bottom.

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Xiaobian of the network to introduce the industry analysis, gold prices will continue to decline, the bottom of the time is not yet.

In the past three years, international gold prices have continued to decline.

In November 5th, gold prices fell 2%, breaking below 1140 US dollars / ounce, hitting the lowest price level in four and a half years.

However, in November 7th, the price of gold rose slightly, reaching 1178.40 US dollars / ounce according to the US announcement of non-agricultural data.

Will the price of gold continue to fall, or will it rebound bottom? Is it too risky to invest in gold bars and gold and silver commemorative coins? Is it cheaper to buy gold jewelry and crafts?

Gold prices continued to fall this week after a small rally in gold prices last week.

As of November 14th, the price of gold came to US $1152.80 / ounce, compared with the low price of $1140 / ounce, though it was slightly improved, it was not optimistic by the industry.

Guangdong's Southern Gold Market Research Institute senior researcher Ye Sichuan cloud said that the decline of gold will remain for a period of time, there is a big drop in space.

"Before joining the QE in the United States, gold was $more than 700 / ounce, and now the United States withdraws from QE, and gold has the chance to drop to $more than 700 / ounce.

In terms of the current price of 1152.80 US dollars / ounce, there is still much room for this part. "

This view was approved by Tian Pengfei, the chief investment analyst of Guangdong Province Gold Corp. He said: "gold is the lowest price in more than four years. Last Friday, the United States released non-agricultural data. This data is good for gold, so there is a good adjustment.

But the overall trend of gold prices is still downward. I personally believe that gold will fall to a low price of 1030 US dollars / ounce.

It is difficult for ordinary investors to determine the true bottom price when the bottom time is not yet reached.

However, there are also some voices on the market that this time can take advantage of the decline in gold prices, the bottom.

Because gold prices have fallen below the lowest level in four years, the market will be able to buy gold at a lower price than before.

Gold prices will have room for appreciation in the long run, and profits will be considerable at that time.

Ye Chuanyun did not like this sound. He thought it was far from reaching the bottom.

"Gold at this time can refer to China's stock market in 2008, when stock prices fell from more than 6000 to more than 3000.

Many people think that they have reached the lowest price of the stock market and can copy the bottom.

Now we can see that the price of gold is the same, reaching the bottom of more than four years.

But stock prices kept falling from more than 3000 until more than 1000.

At this time, people who had searched the bottom were basically losing.

Tian Pengfei believes that because of asymmetric information, it is difficult for ordinary investors to judge whether gold prices have come to a real bottom.

In the face of more than four years of low price, it is difficult to avoid heartbeat, so that this time will be the bottom of the time.

Tian Pengfei said: "after falling below the low point of more than four years, gold will not stay here, nor will it rebound at bottom.

As far as I can see, gold will still have a big drop.

Some experts in the industry think that it is a good time to copy the bottom, and I do not object to it, because the price is rather low now.

Many experts suggest that buy a little at relatively low prices, which is also an insurance practice.

But from my own style of operation, I do not recommend buying now, but at the bottom of the lower price, when it reaches 1030 dollars / ounce, it will be better to buy it.

Ye Chuanyun suggested that investors have to do the same thing, and do not enter the market easily when gold prices fall.

"In the long run, investing in gold is not a good choice.

It is better to wait until the price of gold is clear and the situation is clear. It is better to enter the market again. I guess it will be a good choice to enter the market in three or four years. "

Gold jewelry and handicrafts can be bought according to personal needs or gold.

At this time, buying gold bars is not a good choice, but gold and silver commemorative coins have been very popular in the market recently. It seems that the impact of falling gold prices is not particularly large.

The above two are investments. If you are a consumer, is it cheaper to buy gold jewelry and crafts at this time? The gold price of jewelry in Zhou Shengsheng, Zhou Dafu and Liu Fu jewelry is 293 yuan / gram, which is 329 yuan / 305 and 305 yuan in early September and early October respectively.

In the view of Ye Sichuan cloud, buying gold jewelry and other behaviors is different from pure investment. Gold jewelry can be regarded as the rank of consumer goods or luxury goods, which is affected by the price of gold.

As consumer goods and luxury goods, the most important thing is to take a fancy to it. If the price is right, you can buy it.

This is not the same as investing in pursuit of rewards.

In view of the fact that the price of gold jewelry is falling, there is a great attraction for consumers who want to buy it.

Tian Pengfei thinks that consumers can be divided into two situations at the moment, one is that they have touched gold jewelry before, or that other crafts with gold as the material, and now they are buying at the expense of the individual, when the price is falling.

For those consumers who feel that the price is more attractive, but they worry that the price of gold jewelry will continue to fall, or if there is demand, but the demand is not yet available, such as those who are preparing to get married but have not yet reached the wedding date, Tian Pengfei suggests that such consumers can try "paper gold".

The so-called "paper gold" is that investors buy and sell "fictitious" gold on the books according to bank quotations, and individuals earn the fluctuating price difference by holding the international gold price and absorbing the high price.

The trading records of investors are embodied only in the "gold deposit account" previously issued by individuals, and there is no real cash withdrawal and delivery.

At present, "paper gold" has carried out business in the four largest state-owned banks. Tian Pengfei said: "consumers can buy" paper gold "first.

After lifting up, sell the "paper gold" and take the money to buy gold jewelry, which is equivalent to hedging effect.