Gold Price Action 2024

Mondo Finance Updated on 2024-03-07

Trend 2024

1. The market bets that the Federal Reserve will begin to cut interest rates in the second half of this year, and the monetary environment is favorable to the market

2. Central banks continue to increase purchases, and the relationship between supply and demand is favorable.

3. Geopolitical turmoil, as a safe-haven asset, is beneficial to the world.

On March 5, 2024, today's major gold stores have a relatively large increase, Chow Tai Fook, Luk Fook, Jin Supreme, Chao Hongji, Xie Ruilin, Cai Bai, China**, Liuliufu, Chow Tai Sheng, etc. gold prices **8 yuan grams, Zhou Shengsheng gold prices**11 yuan grams, **jewelry** in the range of 540 yuan to 647 yuan grams, gold bars ** in the 509 yuanAbout 2 yuan grams.

Cheapest months**.

Seasonal fluctuations are affected by the supply and demand relationship, and the consumption of spot is mainly based on jewelry. There are many festivals in the second half of the year, such as the traditional Chinese New Year, Western Christmas, Indian Diwali, etc., during which the sales season of spot ** will be ushered in. And there are more people in China who choose to get married in the second half of the year and at the end of the year than in the first half of the year, which will also stimulate the consumption demand.

In the month when the market demand is relatively flat, the probability of the second half of the year will be higher than that of the first half of the year, and the low point generally appears in March, July and October. You can choose these months to buy ** jewelry.

Why is the price and the ask price different?

In times of inflation, many investors like to buy** as a store of value. But most users also know that the ** price and the selling price are not the same. In fact, the difference between the ** price and the ask price is mainly due to the existence of a spread, and the difference between the ** price and the ask price can be seen in the delivery order of the ** transaction.

In addition, the selling price of **jewelry*** will also be different, and the real-time gold price should be based on the day. Whether it is ** jewelry or gold bars, etc., all change with the changes in the international gold price, and the gold price in the natural market is not fixed.

It is a special currency that exists in the form of a simple substance and has both reserves and investments. At present, the **** is relatively transparent, but the supply and demand, the world pattern, etc. will affect the **.

Related Pages