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costume jewelry wholesale downtown los angeles What are the main types of gold prices? 1. Gold market price The gold market price includes spot prices and futures prices. These two prices are both connected and different. The price is restricted and disturbed by various factors such as supply and demand, and the change in the price determination mechanism is very complicated. The factors that determine the spot price and futures prices are intricate, such as: the supply of gold near and long -term, including the size of the annual output of the gold, the selling of gold reserves of central banks in various countries; The actual demand for gold (jewelry, industry, etc.), gold recovery and reuse; the stability, inflation rate, expected annualized interest rate, and some emergencies of the political situation of the world and countries are the main Factors and then affect the trend of gold prices. . Gold production price Gold production price is a clear and stable price foundation fixed in the market price based on production costs. In fact, with the advancement of technology, the cost of finding mine, mining, and refinement has been decreasing, and the cost of gold is declining. 3. Gold quasi -official price Golden quasi -official price is a price used by the central bank as a related event with official gold. In the official price, it is divided into mortgage prices and bookkeeping prices. The mortgage price was caused by Italy in 1974 to borrow from Federal Germany and use its own gold as mortgage. The determination of mortgage prices is of great significance in the history of modern gold. On the one hand, each ounce of gold that meets the International Monetary Fund is equal to 35 special withdrawal rights, and on the other hand, it also meets the needs of central banks holding gold. The accounting price was proposed after the Bretton Forest system was disintegrated in August 1971. Due to the strong attraction of market prices, there is a huge difference between the market price and the official price, and because of the needs of its official gold reserve pricing, all countries have increased their own gold official prices, so The price of quasi -official accounting.
costume jewelry wholesale downtown los angeles What are the main types of gold prices?
1. Gold market price
The gold market price includes spot prices and futures prices. These two prices are both connected and different.
The price is restricted and disturbed by various factors such as supply and demand, and the change in the price determination mechanism is very complicated.
The factors that determine the spot price and futures prices are intricate, such as: the supply of gold near and long -term, including the size of the annual output of the gold, the selling of gold reserves of central banks in various countries; The actual demand for gold (jewelry, industry, etc.), gold recovery and reuse; the stability, inflation rate, expected annualized interest rate, and some emergencies of the political situation of the world and countries are the main Factors and then affect the trend of gold prices.
. Gold production price
Gold production price is a clear and stable price foundation fixed in the market price based on production costs. In fact, with the advancement of technology, the cost of finding mine, mining, and refinement has been decreasing, and the cost of gold is declining.
3. Gold quasi -official price
Golden quasi -official price is a price used by the central bank as a related event with official gold. In the official price, it is divided into mortgage prices and bookkeeping prices.
The mortgage price was caused by Italy in 1974 to borrow from Federal Germany and use its own gold as mortgage. The determination of mortgage prices is of great significance in the history of modern gold. On the one hand, each ounce of gold that meets the International Monetary Fund is equal to 35 special withdrawal rights, and on the other hand, it also meets the needs of central banks holding gold.
The accounting price was proposed after the Bretton Forest system was disintegrated in August 1971. Due to the strong attraction of market prices, there is a huge difference between the market price and the official price, and because of the needs of its official gold reserve pricing, all countries have increased their own gold official prices, so The price of quasi -official accounting.