Analysis of the price fluctuation of the year and the forecast of future trend
In year, the global financial market experienced many uncertainty and fluctuations, which also directly affected the trend of gold prices.This article will analyze the fluctuations of the annual gold price and try to predict the future trend.
The impact of global economic situation on gold prices
The global economic situation is one of the important factors affecting the fluctuation of gold price.In the year, due to the continuous influence of the new crown epidemic, the economic growth of many countries and regions slowed down, and investors were generally worried.In this case, investors often turn to risk shelter, including gold.
Federal Reserve policy and inflation pressure
The adjustment of the Fed's monetary policy will also directly affect the price of gold.As the United States gradually withdraws from the easing policy and begins the interest rate hike cycle, in the environment where interest rates rise and liquidity are tightened, some investors may choose to reduce risk assets such as holding spot products and increase holding cash, bonds and other risks or no risks or.Low risk category products.
Geopolical events have caused market shocks
Geopolital events are often one of the reasons for the heating of market shocks and risk aversion.For example, when the situation in the Middle East is tight, the trade war is upgraded, or a civil strife occurs in some countries, investors often seek a safe shelter to turn to buy more physical products such as gold to avoid uncertainty and bring losses.
Technical and demand supply relationship
In terms of technical terms, the amount of gold transaction is large and the transaction speed is fast. Through various indicators charts, the trend can be clearly seen. In terms of demand supply, the black Friday promotional activity has greatly improved the demand for the jewelry industry;The production of more jewelry to make the inventory quickly consumes it. In addition, due to the high excavation cost, the new mining project has reduced the value of spot products such as silver and its derivatives (ETF).
The above is the relevant information about the future trend forecast of the year of the yellow price fluctuation!
