As of March 4, 2020, the price trend of gold was steadily rising upwards. The main factors affecting gold prices: 1, international political turmoil, war international major political and war events will affect gold prices. For the government or to maintain a large amount of expenditure to maintain the steady growth of the domestic economy, a large number of investors in political turmoil turning to gold preservation investment, etc., will expand the demand for gold and stimulate the price of gold. 2, the supply and demand relationship of gold The causes of the violent fluctuation of gold prices are the disintegration of the Bretton Forest system in the 1970s. In 1973, the Nixon government announced that it would no longer promise the US dollar to exchange gold, and the price of gold was completely decoupled with the US dollar and began to float freely. Since then, the fluctuations of gold prices to the greatest extent reflect the balanced effects of gold currency and commodity attributes.
The expansion information:
Gold identification skills: 1. Check the official logo of gold. Generally, 999 or 990, or 10K, 18K, 22K, 24K. It is not considered lower than 10K, because the content of gold is too low. If you observe with a magnifying glass, you will see more carefully. 2, ancient gold jewelry will not have obvious official purity logos. 3, of course, there will be official signs of counterfeit gold jewelry, so further inspections need to be performed.
As of March 4, 2020, the price trend of gold was steadily rising upwards.
The main factors affecting gold prices:
1, international political turmoil, war
international major political and war events will affect gold prices. For the government or to maintain a large amount of expenditure to maintain the steady growth of the domestic economy, a large number of investors in political turmoil turning to gold preservation investment, etc., will expand the demand for gold and stimulate the price of gold.
2, the supply and demand relationship of gold
The causes of the violent fluctuation of gold prices are the disintegration of the Bretton Forest system in the 1970s. In 1973, the Nixon government announced that it would no longer promise the US dollar to exchange gold, and the price of gold was completely decoupled with the US dollar and began to float freely. Since then, the fluctuations of gold prices to the greatest extent reflect the balanced effects of gold currency and commodity attributes.
The expansion information:
Gold identification skills:
1. Check the official logo of gold. Generally, 999 or 990, or 10K, 18K, 22K, 24K. It is not considered lower than 10K, because the content of gold is too low. If you observe with a magnifying glass, you will see more carefully.
2, ancient gold jewelry will not have obvious official purity logos.
3, of course, there will be official signs of counterfeit gold jewelry, so further inspections need to be performed.