Gold price vulnerable strengthening of thousands of gold jewelry and then board the 400 level , Chi

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(Reporter Europe beam intern Jones) front-end, affected by international factors, the price of gold once fell. On May 17 and 18, due to the weakness of the dollar, the international price of gold and continuous strong rebound from the increase in 1540 U.S. dollars / ounce and approaching $ 1,600 / oz. Yesterday, the reporter went to the People's goldsmith is located in the pedestrian street and Old Phoenix interview that plunge strong rise, the price of gold in a month, but has little effect on the city's gold sales. The preceding paragraph, goldsmiths per gram fell to 383 yuan, and now thousands of gold rose to 403 yuan per gram, sales remain steady as usual. People's goldsmith salesperson told reporters, also played a certain role in boosting many had originally intended to buy only one customer in the price of gold under the temptation to buy two or election grams heavier jewelry. The impact of the decline. But recently the price of gold fell and then began to rebound. The store official said, mainly because consumers have improved the standard of living for people who want to buy gold, and not very concerned about the short term, the price of gold rose and fell. Moreover, gold is a hedge against inflation products, value-added plenty of room buy gold is the tradition of the Chinese people, so far, sales of gold and did not enter the off-season. is a reasonable position for the price of gold. Gold prices in the short term will continue to shock, the novice is best not to enter the market at this time, hedging instruments. extend reading highest international spot price of gold reached $ 1,671.20 / ounce, closing the day at $ 1,661.90 / ounce, down 0.57% compared with the previous trading day in May was down The market has thus opened, and in the mid-fell to around $ 1540 per ounce, hit a year low. According to the analysis, the recent gold price continued to fall fundamentals: trend factors, the U.S. unemployment rate continued to decline, so that the recent U.S. launch of the third round of quantitative easing is expected to cool down, the power is no longer weak dollar. The precipitating factor is the political changes in the market in France and Greece renewed European debt concerns, leading to the continuous decline in Europe and the United States stock market, the market panic warming causing the euro fell on the foreign exchange market, thus promoting a stronger U.S. dollar prices, including crude oil, gold and other global commodity directly suppress. but 17 enhanced due to market the new U.S. round of quantitative easing expected by a weaker dollar and other factors, the end of the New York price of gold down market for four consecutive trading days, the 17th and 18 consecutive strong rebound, rising from 1540 U.S. dollars / ounce and approaching $ 1600 / oz. for investing in gold, many experts recommend: physical gold should do what is within the proper holding, gold can be used as a collection of craft jewelry class, but because of the cost of gold ornaments, the average price is higher than the bank sales Gold 50-100 yuan / gram range, not the best choice of investment in physical gold. In contrast, bank sales of physical gold is not to design processing fee also is a good choice for ordinary investors.