Gold prices rose rapidly after falling successively. On 25 march, international spot gold prices recovered to $4599 per ounce, an increase of 2. 84 per cent. As at the time of the press release, the price of gold had been reversed to $4548. 51 per ounce, an increase of 1. 71 per cent。
In the face of the gold price “crosser”, a number of investors have stated that they are “defunct” and that there are investors who “register”。
Prices of precious metals fluctuated sharply and banks again issued bulletins indicating risks. A number of banks have recommended that clients increase risk awareness and rational investment based on their financial position and risk tolerance, as well as reasonable control of position。
Some want to leave, others are determined to fall
"i bought $1,100 in gold, so i couldn't hold it." did beijing citizen zhang zhang zheng watch the price of gold fall in the recent past, either to stop the fall or to continue to settle costs? He's been hesitant. According to the spell of his investment, "if you throw it, you rise, you fall." however, he finally made a determined decision to hold up another 50 grams of gold。
In interviews with shell financial reporters, a number of investors have stated that the previous decline in the price of gold over several days had already brought down all last year's profits; and that, frankly, gold, though an asset to avoid danger, has been running out of money and simply wants to get back to ben。
“when i bought gold, i couldn't stop looking at the price. Tens of thousands have been paid for not earning a penny." wang moo, who lives in shanghai, said that he only wanted to wait until he returned and that he would not invest in all of it。
However, many investors are not convinced of the recent shock of gold. In their view, gold is still on the rise in the long run, so that the “fallback” becomes an option for such investors。
The investor li ting, who lives in beijing, is such an investor. In her view, the international situation remained volatile and it was normal for gold to return after it had reached a high point. In the long run, however, there is room for an increase in the price of gold, so that “without looking at the short-term and long-term” becomes the “cord” of her investment in gold。
Data show that the cumulative trade in gold t+d in the country increased significantly, from 297,924 kg per week to 23. 04 per cent over the previous week, in the light of the successive declines in gold prices last week。
Once again, the bank says, "calm down."
Prices of precious metals have continued to shock in the recent past, and the performance of “hill rollers” has significantly increased the risk of investment in precious metals such as gold. In response, a number of banks have re-issued market risk alerts, “speaks” to investors, reminding them to remain calm and rational when investing in gold。
“it is imperative that investors maintain a calm and rational investment mentality, fully assess their own risk tolerance and avoid being blindly driven by short-term market sentiment.” business and industry banks have suggested, from a long-term asset allocation perspective, that investors adopt the principles of “volume control, batch entry, multiple layout” and build a more robust portfolio of assets by stretching investment cycles to smooth the risk of phase fluctuations。
Building banks, on the other hand, suggest that investors increase risk-preventiveness in precious metals operations, based on their own financial position and risk tolerance, rational, robust investments, balanced and proportionate deployment of precious metals, reasonable control of warehousing positions and avoidance of blind and wind operations. At the same time, please keep abreast of developments in holding and deposit balances to guard against market risks for precious metals。
The bank of china has also issued alerts stating that investors are prepared to protect against market risk, to make rational investments based on their financial position and risk tolerance, to exercise reasonable control over the position of precious metals and, through long-term investments, to reduce the impact of phase price fluctuations and to protect against the risk of financial losses arising from market fluctuations。
Market analysts and institutions generally believe that gold price shocks still exist in the short term, but that there are positive factors in the long term. They recommended long-term investment by investors and diversification。
According to the chief economist of the united nations, dong chi-chul, there are more factors affecting the price of gold, which may be linked to multiple factors, in addition to the instability of oil prices caused by the international situation. One is the fed policy signal. This is currently a more immediate factor. If the expectations of the market for interest rate hikes are further enhanced, the gold will face a huge push. Second is key economic data: inflation data (cpi, pce) and employment reports, particularly in the united states. Third is the dollar index and the rate of return on united states debt. Gold is usually highly negative in terms of the dollar index and the real rate of return on united states debt。
“the current international situation is unclear and the price of gold may still be under pressure.” eastern kincheng analyst zhui said that the gold price trend would be “short-term under pressure, medium- and long-term better”。
At the operational level, zhui advised investors to stay on watch for the short term, to avoid the bottom-down risk and to wait for confirmation of support levels; to seize the opportunity to reset the layout in the medium to long term, to build in batches, to use gold as a hedge tool of 5 to 10 per cent of the portfolio, to focus on core catalysts such as the fed's interest-rate window and the evolution of the situation in the middle east, and to guard against potential risks such as higher-than-anticipated inflation and increased geo-conflict situations。
Kang qiang, editor, chen li
