Today, the issue of gold prices has attracted widespread attention and has been the subject of microblogging。
On monday, local time, the market's panic over the us recession rose, while trump did not deny in a press interview last weekend that its tariff policy could trigger the us recession, and the finance minister, besent, made similar remarks, stating that the us economy might experience skirmishes in the short term. As a result of these factors, investors accelerated the sale of risk assets, with the three main united states shares representing a full monday fall. By closing, the road was down by 2. 08 per cent, the standard 500 index was down by 2. 70 per cent and the index was down by 4. 00 per cent. Of these, the largest single-day drop since september 2022。
In the middle of the night, the entire united states stock collapsed. Tesla market value evaporated nearly trillion dollars
For precious metals, even though gold has risk avoidance properties, some investors tend to hold cash and international gold prices fall in market decline transactions. As at closing, the april gold price at the new york commodity exchange was $2899. 4 per ounce, a decrease of 0. 50 per cent。
According to a press query, on 11 march, the retail price of gold jewellery for zhou was 878 yuan/g ( yesterday 883 yuan/g) and 880 yuan/g ( yesterday 883 yuan/g) for zhou dafu. This is a significant decline from the price of nearly $900/g at the end of last month。
Investing in gold must know the three truths
The gold is falling and rising
The most important thing for everyone is..
Is gold worth investment
Should we buy it now or continue to watch
Analysis of gold
Market agencies have given their answers
In conclusion
Long-term united states debt credit and central bank purchases
Federal reserve interest rate policy in the medium term
In the short term, geo-conflict changes
You can refer to the analysis
But that's not what we're talking about today
It's "is it gold or not?"
An investment product for you."
In fact, a lot of people are mistaken about investing in gold
You need to know the three truths
Truth one: gold is “high volatility” and does not always make money。
Over the past two years, gold has left everyone with the impression that it has gone all the way. In particular, gold has increased by more than 90 per cent over the past five years, well above other investment varieties. And because of its risk-averse nature, when the economy is not stable, it is believed that investment in gold can save value。
If you think so, you're wrong。
In historical data, the gold boom has fallen more sharply than the roller coaster — with annualized fluctuations of about 20 per cent over the past 50 years, or an average annual rise or fall of 20 per cent。
From the perspective of investment varieties, high volatility implies high risk. Gold has no lower volatility than stocks。
In addition, it is worth mentioning that gold prices tend to rise and fall. From 1980 to 2001, for example, gold continued to fall by 70 per cent for 20 years. Such investment products are easily secured and need to be ironed over time and more suitable for long-term holdings。
Truth ii: geo-conflicts have limited impact and should not be pursued blindly。
The words “exemplary antiques, bad gold” are well known。
Many subconsciously believe that if there is a war, the gold should be bought behind closed eyes。
In practice, however, the trend in round-sum gold prices is such that we can see that the impact of isolated geo-conflict events on gold prices is relatively short-term. Unforeseen problems, such as single geo-conflicts, may cause considerable disruption to gold prices in the short term, but most of them will return. It is difficult for ordinary investors to grasp its rhythm and not to recommend that they follow up and fall on the basis of geographical conflicts。
In addition to the reasons for risk avoidance, another reason why many people buy gold is its anti-inflation effect. In practice, however, the relationship between gold prices and inflation over three to five years is minimal. In other words, in the short term, its anti-inflation properties have almost completely failed。
The anti-inflation properties of gold need to be pulled to more than 15 years in order for the approximate rate to work. So buy the gold with anti-inflation ideas, and you'll have a long-held plan。
Truth iii: gold transactions are costly and short-line operations make money。
It is well known to many that investing in gold should not buy gold, not only because it offers higher prices, but also because of additional costs such as processing fees, brand premiums, etc。
Guangzhou daily information chart
It's okay not to buy gold
In fact, the cost of holding and trading in kind gold is not low. The transaction cost is what you can buy on the same day and sell at what price. The difference is usually 3 per cent. If you go to a mall or a gold store, it's more than 10%。
In addition, the use of in-kind gold as the object of investment should not ignore the cost of holding。
Buffet compared gold to “nicks with no eggs”, arguing that gold was held without interest for a long time. In the case of 100,000 dollars, there is currently a regular interest of about $1,100 to $1,800 in our country. The holding of gold would not give rise to any interest, which is the hidden holding cost of gold。
How to choose a gold investment tool
For investors wishing to earn a margin in the short term, the gold etf could be considered, with flexible transactions, low costs and good liquidity. It should be recalled, however, that there is also a risk of investing in gold etfs, requiring some expertise。
For investors with limited knowledge of gold, who do not want to take on high risks and expect stable returns over the long term, such products as bank deposits, paper gold, etc., are more suitable, with bank openings, with 3 to 5 per cent of assets allocated to gold investments, regular monthly quota inputs and short-term market fluctuations。
