The price of gold has plummeted!Why did the gold decline in the past two days trigger, and what factors are the market hidden?
Geopolical tensions, trade war and global economic growth have the effects of slowing down
The intensification of global economic uncertainty is mainly due to various factors such as geopolitical tensions, the war of trade, and slowing global economic growth.The situation of geopolitical tensions includes regional conflicts and terrorist activities. These factors make investors more uncertain about the expectations of the financial market, thereby increasing the demand for risk aversion assets such as gold.The upgrade of the trade war and the implementation of trade protectionism policies not only increased the uncertainty of global trade, but also led to the slowdown of global economic growth.Because gold is usually regarded as a risk aversion asset, in the context of the global economy facing uncertainty and intensifying risks, investors' demand for golden shelter in gold has increased significantly, which has further promoted the decline in gold prices.
Change of the Fed's monetary policy and fluctuation of gold prices
The changes in the Fed's monetary policy have an important impact on the fluctuations of gold prices.Among them, interest rate adjustment is one of the Fed's most concerned policy tools.When the Fed increases interest rates, this will increase the cost of holding interest -free assets such as gold, thereby reducing investors' demand for gold and leading to a decline in gold prices.On the contrary, if the Fed adopts a quantitative easing policy and reduces interest rates, this will usually rise, because this reduces the cost of holding gold and make gold a more attractive risk aversion asset.In addition, the fluctuation of the US dollar exchange rate will directly affect the price of gold.Generally speaking, the strengthening of the dollar will reduce the price of gold, because gold is denominated at the US dollar, and the appreciation of the US dollar will increase the cost of purchasing the US dollar in other currencies and reduce the demand for gold.Therefore, the change of the Fed's monetary policy and the fluctuation of the US dollar exchange rate will affect investors' expectations and demand for gold, which will lead to fluctuations in gold prices.
The impact of technical indicators and transaction strategies on gold prices
Technical factors play an important role in the fluctuation of gold prices.Technical indicators are one of the important tools used by investors to analyze the trend of gold prices, including mobile average, relatively weak indicators (RSI), Bollinger belts, etc.These indicators can help investors judge the market trends and short -term fluctuations, thereby formulating corresponding trading strategies.For example, when the gold price breaks through the moving average or the Bollinger belt, it may trigger the buyer's buying behavior, leading to the rise in gold prices; on the contrary, when the price of gold falls below the mobile average or the Bollinger belts down, it may cause investors to cause investorsSelling behaviors lead to a decline in gold prices.In addition, changes in trading strategies will directly affect the trend of gold prices.Different investors may adopt different transaction strategies, such as trend tracking, reversal transactions, etc. These different strategies will generate different buying and selling behaviors in the market, which will affect the fluctuation of gold prices.In summary, changes in technical indicators and trading strategies will cause investors' trading behaviors, which will affect the trend of gold prices.
Investor emotional fluctuations and gold price fluctuations
The impact of market emotions on gold prices cannot be ignored.Investor's emotional fluctuations often cause fluctuations in gold prices, including panic and greedy emotions.When investors' emotions are panic, they are more inclined to seek risk aversion assets, such as gold, to protect assets from impact on market fluctuations, thereby promoting the rise in gold prices.On the contrary, when the market's emotions are greedy, investors are more likely to tend to chase up and kill, reduce the demand for safe -haven assets, and lead to a decline in gold prices.In addition, changes in market expectations will also affect the trend of gold prices.If the market is expected to have a poor economic situation in the future, investors may be more inclined to buy insurance assets such as gold in order to resist risks and promote the rise in gold prices. On the contrary, if the market is expected to have a good future economic situation, investors may be more inclined to buyRisk assets reduce the demand for risk -free assets, leading to a decline in gold prices.In summary, investors 'emotional fluctuations and market expectations will affect investors' demand and behavior of gold, which will lead to fluctuations in gold prices.
The impact of supply and demand relationship between gold market on gold prices
The supply and demand relationship of the gold market directly affects the fluctuation of gold prices.First, the production of gold is one of the important factors affecting the supply.With the gradual exhaustion of gold mineral resources and the rise in mining costs, the production of gold may be limited, resulting in a decrease in supply, thereby promoting the rise in gold prices.Secondly, consumer demand is another important factor affecting the supply and demand relationship of the gold market.As a precious metal, gold is not only used for jewelry production, but also widely used in industrial and electronic products.Therefore, the growth of global economy and the increase in consumer demand may ** demand for gold and promote the rise in gold prices.Finally, the purchase of central banks will also affect the supply of the gold market.The central banks of some countries will regularly purchase gold as a reserve asset. These purchase behaviors may increase the market's demand for gold, thereby promoting the rise in gold prices.In summary, the supply and demand relationship of the gold market includes factors such as production, consumer demand, and central bank purchase. The changes in these factors may cause the fluctuation of gold prices.
