5 thoughts on “When is the most cost -effective to buy gold?”

  1. When is the most cost -effective to buy gold? The answer is undoubtedly the most cost -effective when the price is the lowest. But when is the lowest? I am afraid that no one can pat the chest to guarantee, it can only be speculated and analyzed. Within ten years, the trend of RMB gold, that is, from February 2011 to February 2021, the highest point is 468.69 yuan/gram, the lowest is 216.17 yuan/gram, with an average of 294.85 yuan/gram. It is currently adjusted from the ten -year highest point of 468.69 yuan/gram to 381.43 yuan/gram.
    when will buyers buy? It mainly depends on what is used. If the rigid consumption of consumer use, such as: wedding jewelry, gift gifts, etc., if you must buy it, there is no need to tangle price issues. You have to buy it. Jewelry and the like are purely consumer purposes, and the price is worth it. When it is necessary to buy it, this is a rigid need.
    If for investment, you need to analyze more factors and the best time. The main function of gold is the storage value, as the saying goes, it is called buying gold in troubled times. Generally refers to factors such as war, disaster, and economic crisis. Simply put, when nothing is valuable, only gold is valuable. Under normal circumstances, the trend of gold is more associated with the US dollar, generally a negative relationship. This is because the US dollar is the world's common currency, the US dollar appreciates, everyone wants to sell gold and buy the US dollar, the price of gold may fall; the US dollar depreciates, everyone wants to buy gold and sell the US dollar (or the US dollar issuance too much), the price of gold rises.
    In 2020, the US epidemic is the worst in the world and has greatly affected the economy. The economic rescue policy for banknote printing machines abroad has implemented the economic assistance policy, and the price of gold has reached the highest point in the past ten years. However, with the settlement of the US election, Biden launched a series of new domestic and domestic policies. It is not yet possible to control the US epidemic to restore the US economy. In addition, Biden implemented a $ 1.9 trillion economic rescue plan, which also had a favorable impact on gold. The current gold price is in the selection stage.
    If the best purchase of gold is best to buy, then the best investment in gold fixed investment. It is the monthly purchase price based on the closing price of the Shanghai Gold Exchange AU9999 at a fixed funds every month. When the contract expires, the number of golden grams accumulated by customers can be converted into cash at the Shanghai gold market price, or the corresponding grams of gold bars and gold jewelry.
    Id above for reference, it does not constitute investment advice.

  2. Pay content for time limit to check for freenAnswer Hello, dear, I am very happy to answer for you. If you want to buy physical gold, then it is generally cheaper in the off -season. The appearance of June, July, and August, because the weather is generally hot at this time, and there will be fewer people who marry. In addition, there are some specific festivals, such as: New Year's Day, National Day, Double Eleven, Double Twelve, etc. General merchants will engage in activities. In order to promote sales, they will reduce the price, which is the best time to buy gold. Hope to help you

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