wholesale jewelry making pins What are the factors that affect the price of gold jewelry

wildflower wholesale jewelry (1) U.S. dollar trend
Although the dollar is not as stable as gold, it is much better than gold. Therefore, the dollar is considered the first category of money, and gold is the second category. When the international political situation is tight, people will buy gold because expected gold prices will rise. But the currency retained in the most people is actually the dollar. If the state needs to purchase weapons or other supplies from the war during the war, it will also sell gold in the short hand in exchange for the US dollar. Therefore, the US dollar may not be promoted during the period of unstable political situation, but it depends on the trend of the US dollar. Simply put, the dollar strong gold is weak; gold is weak.
. When investors only save capital, they will give up the dollar when they take gold, and they will give up gold when they take the dollar. Although gold itself is not a legal currency, it always has its value and will not depreciate into scrap iron. If the US dollar is strong and the investment in the US dollar appreciation is strong, people will naturally chase the US dollar. On the contrary, when the US dollar is weaker in the foreign exchange market, the stronger the gold price will be.
(2) During the period of war and political situation
During the war period of war and political situation, economic development will receive great restrictions. Any local currency may depreciate due to inflation. At this time, the importance of gold was fully exerted. Due to the recognized characteristics of gold, it is an internationally recognized trading medium, at this moment, people will put their goals into gold. The snap -up of gold will inevitably cause the price of gold.
(3) World Financial Crisis
If the failure of world -class banks, what will happen to the price of gold?
In fact, the emergence of this situation is because of the emergence of crisis. People naturally retain money in their own hands, and banks will have a large number of extrusion or bankruptcy. The situation is like the previous Argentine economic crisis. People across the country have to exchange US dollars from banks. In order to retain the final investment opportunities, the US dollar is banned from exchange, which has caused continuous riots, and the whole country has fallen into panic.
Is when the financial system of western powers such as the United States has an unstable phenomenon, world funds will be invested in gold, the demand for gold will increase, and the price of gold will rise. At this time, gold played the function of the fund shelter. Only when the financial system is stable, investors' confidence in gold will be greatly reduced, and selling gold will cause gold prices to fall.
(4) Inflation
We know that the purchase capacity of a country is based on the price index. When the price of a country is stable, the more stable its currency purchases. On the contrary, the higher the currency's purchasing power, the weaker the currency, and the more attractive it is to this currency. If the price index in the United States and the world's major regions remains stable, hold cash will not depreciate, and there is interest income, it will inevitably become the first choice for investors.
Conversely, if the rising is fierce, the holding of cash is not guaranteed at all, and the charging interest cannot keep up with the rise in prices. People will purchase gold, because the theoretical price of gold will rise at this time. The higher the general western countries, the greater the requirements for preservation of gold, and the higher the world's gold prices. Among them, the rising rate of the United States is the easiest to change the change of gold. And some small countries, such as intelligence, Uruguay, can reach up to 400 times each year, but have no effect on the price of gold.
(5) Economic conditions
It economy is prosperous, people's life is worry -free, and naturally enhance people's desire to invest. The ability to buy gold for gold for preservation or decoration will increase, and gold prices will also receive some support. Essence Economic conditions are also a factor that constitutes the fluctuation of gold price.