On December 4, a ** frenzy swept the world again. Comex*** once stood at the $2,150 per ounce mark, and spot ** once rose to $2,146 per ounce$87, both hit all-time highs. This wave of soaring gold prices not only boiled the international market, but also drove the further growth of domestic retail and jewelry.
Behind the record high gold price, the Fed's interest rate cut expectations have become a key factor. Wang Xinjie, chief investment strategist of Standard Chartered China's wealth management department, told reporters that the sharp rise in gold prices was caused by the market's expectation of future interest rate cuts, which led to a sharp increase in yields, which supported gold prices. Against this backdrop, the attractiveness of ** as a safe-haven asset has increased significantly, attracting the attention and pursuit of a large number of investors.
In the Shenzhen Shuibei ** wholesale market, although the scene at two or three o'clock in the afternoon is not as popular as the first month, there are still many people who come to buy. The domestic gold price of 483 yuan per gram on the display screen in the market has not stopped some people's enthusiasm for buying. According to industry insiders, the domestic gold price of 483 yuan per gram has broken through the peak of the domestic wholesale gold price, which is the highest in recent years.
At the same time, the retail price of some **jewelry brands** jewelry has also reached a staggering 630 yuan per gram, a record high. Under the influence of the mentality of "buying up, not buying down", the turnover rate of wholesale enterprises and production enterprises has been greatly improved. There are still many consumers selling stores, and the listing price of pure gold generally ranges from 627 yuan to 631 yuan per gram, and the ** investment gold bar ranges from 572 yuan to 586 yuan per gram, which is higher than the previous day.
This frenzy has not only swept the Chinese market, but also affected the world. Investors from all over the world have set their sights on the world, hoping to maintain and increase their value with the help of its hedging attributes. Against the backdrop of heightened global economic uncertainty, the attractiveness of ** as a safe-haven asset has undoubtedly increased.
Behind this frenzy, it is not only the enthusiasm and pursuit of investors, but also the unique position of ** as a safe-haven asset in the market. In this era of global economic uncertainty, investors are looking for ways to preserve and increase their value. **As a relatively stable investment variety, it has become their best choice.
At the same time, the Fed's interest rate cut expectations are also an important factor driving gold prices**. As expectations for future rate cuts grew, investors began to flow money to markets with relatively high yields, driving gold prices. In addition, the influence of geopolitical conflicts has weakened significantly, which has also made ** relatively attractive as a safe-haven asset.
In this period of high investment enthusiasm, first-class sales enterprises and production enterprises have also ushered in new opportunities. Due to the strong market demand, the turnover rate of these enterprises has been greatly improved. They have increased their productivity to meet the market demand for the best products. At the same time, many companies have begun to expand their business scope and develop new first-class products and services to meet the needs of different investors.
For the future market trend, industry experts said that it is still necessary to pay attention to the impact of factors such as the global economic situation, geopolitical risks, and Federal Reserve policies. At the same time, investors also need to look at the best investment rationally, do not blindly follow the trend to chase the rise and kill the fall, and make reasonable allocation according to their own risk tolerance and investment goals.
In conclusion, this wave of frenzy in the market once again proves the unique status and value of the market as a safe-haven asset. Against the backdrop of global economic uncertainty, ** will continue to play its role as a hedging and provide investors with relatively stable income and protection. Let's look forward to the continuation of this ** frenzy!