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International gold plunged domestic gold investors

The international price of gold did not affect knock off cartier baby love necklace the hot market during the 11 gold stores in the city, dishes hundred sales exceeded 200 million, an increase of 20% Just passed the National Day Golden Week, the Chinese gold market closed, while the international gold market is bloody wind. Affected by the expected rate hike by the Federal Reserve and the possible loosening of the global easing policy of the central bank, gold prices have been under unprecedented pressure to reproduce the slump. As of the close of the weekend on October 7, the international spot gold price has approached 1260 US dollars / ounce mark, the lowest hit 1241 US dollars / ounce. On the 30th of September, the last trading day prior to the National Day holiday, the international gold price also closed at $ 1,316 an ounce, which means that the price of gold in the seven-day long holiday fake cartier diamond necklace price has dropped by nearly 5%.

However, in the face of the plunge of international gold prices, most domestic investors are cartier diamond pendant necklace replica at their fingertips, because most of these investors through the Shanghai Gold Exchange for gold trading, and from October 1 to October 9, 9 days Shanghai Gold Exchange Hugh closed trading, some investors described 'can only watch as the gold prices fell and can not escape' Beijing Youth Daily reporter learned that, in fact, during the Chinese holiday during the gold boom soaring situation is not the first time. During the Spring Festival this year, the international gold price surged 7.05% during the holiday in China and rose 3.5% on the 11th of February alone, making a 'time difference' with Chinese investors. Faced with this situation, there are gold investments He pointed out that a seven-day holiday like China is very rare in the world. The gold exchange is not only closed on statutory imitation vintage cartier necklace holidays, but also closed on holidays and weekends. Often, a break is ten days, which is very unfavorable for investing in gold that is in line with international standards It is understood that while the rest of the domestic stock market is arranged in this way, the stock market in China, after all, is a relatively closed system with little international alignment and the gold market is fully synchronized with that of other countries. In April this year, the 'Shanghai Gold' centralized pricing contract was formally listed and traded. This means that the international gold market will no longer have only 'London Gold' and 'New York Gold' after the international gold market, and 'Shanghai Gold' has been added to the global gold pricing method. Scramble for more discourse. In this regard, many investors suggested that the domestic gold exchange should improve the market closed system. 'The frequent recession from time to time is not conducive to enhancing the influence of the Chinese gold market on the global gold market.' Some gold analysts said this round of international gold price plunge coincided with China's National Day Golden Week, during which China Peak sales of gold products Beiqing Daily reporter yesterday from Beijing, a number of gold shop learned that the decline in gold did not affect the gold during the National Day gold shop selling. During the festival hundreds of food sales exceeded two hundred million, an increase of 20% .Guangdong Jindian general manager Guiying introduction, although the current price of gold over the same period last year was about 50 yuan per gram, but the gold jewelry is still hot, the most popular Consumers are concerned about the bracelets, necklaces and rings of jewelry. Many consumers said, 'Although the price of gold is more expensive than last year, but also acceptable, after all, the wearing of jewelry is more important.' But Guiying also warned that due to market concerns that central banks may tighten monetary easing lead to gold down Trend, it is recommended that gold investors pay close attention to market information, to avoid buying in the short term high. 'For now, the fall in gold prices has affected people's enthusiasm for investment bullion, so consumers buying investment bullion during the holiday season are significantly less active than those who buy jewelry.'

Beiqingbao reporter learned that, as the domestic large gold shop gold price is mainly based on the Shanghai Gold Exchange as a reference price of gold, so the Shanghai Gold Exchange consecutive recession gold jewelry gold jewelry prices did not follow the trend of international gold prices, But wait until the gold exchange on Monday to resume trading after the gold price will change accordingly. Therefore, with the recent sharp decline in international gold prices, gold is expected tomorrow after the opening of the Gold Exchange will be a direct diving, gold store gold is expected to be substantially reduced. A gold shop personage estimates, gold shop gold jewelry price tomorrow morning is expected to lower 10 yuan per gram.
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