Chengdu gold market is to break this "practice" not only no hot sales, but also the price down a lot
"October" period, the international price of gold, "stumble endlessly," the 3rd New York gold futures fell 1.8 percent, fell to $ 1200 per ounce mark, the highest 56-month low last year, Chinese gold rush crazy aunt still deep-set 20% .
Affected by this, the domestic gold jewelry, investment in gold bullion prices also tumbled. Yesterday, gold jewelry than gold shop in Chengdu, investment in gold bullion prices per gram drop in 10-20 yuan, some gold jewelery has fallen below 300 yuan per gram. However, compared to previous years, Aunt mad imitation Van Cleef & Arpels jewelry rush gold hot scenes this year, consumers have performed relatively calm.
Chinese Aunt still apply 20%
Last year, the gold price fell 28% for the worst performance in more than 30 years, the international price of gold fell in April, China Aunt mad grab gold famous, they wrestle with the capital predators is hugely magnified. Since then, the gold again in April 12, 2013 and April 15 experienced a shock plunge directly from $ 1550 / ounce, dropping to $ 1321 / ounce, resulting in "Chinese Mother" is stuck.
First two quarters of this year, the international gold replica Van Cleef & Arpels jewelry price fluctuations in the upstream, has risen more than 10%, the thought that China is expected to get out of trouble aunt, but after entering in July, the international price of gold would have been in the doldrums, and have fallen below the key support level in October 3 Daily 1192.90 US dollars an ounce, since December 23, 2013, the first gold futures prices fell below $ 1,200 an ounce. Chinese desire to get out of trouble again frustrated aunt, the aunt who still deep cover about 20%.
Investors believe that the worst of the gold market is not over, the gold price could fall further to $ 1,100 an ounce.
It is reported that this week, gold prices fell by 1.9% so far this year gold prices have fallen 1.1%. Some analysts believe that, due to lower inflation expectations, a stronger dollar, gold replica Van Cleef and Arpels necklace has lost its appeal and increasing the value of the current strong momentum can not see gold prices.
Chengdu 20 yuan per gram price
Originally I thought the "Golden September and Silver October" Golden Week, plus, can drive gold consumption. But this year's Golden Week, Chengdu gold market is to break this "practice" not only no hot sales, but also the price down a lot. Yesterday, in Chengdu Chunxi Road shopping district, a number of gold shop launched the National Day promotions, Chow Sang Sang, love jewelry and other gold shop gold jewelry price per gram remained at around $ 300, compared with a few days ago were down 10 yuan per gram; old Phoenix thousands replica vca bracelet of gold, although the listing price of 308 yuan / gram, but also for the festive promotions per gram price 20 yuan. In addition, thousands of gold price of gold Chengdu flagship store in China has been reduced to 261 yuan / gram, dropped back to "2" era.
Although gold prices fell, but consumers buy gold jewelry are a lot of reason. Sales staff, said:. "Gold jewelry consumption '11' period, are to buy a new wedding accessories based"
Insiders said that the majority of current investors, gold should be a variety of asset allocation, aimed at resolving the investment risk investor portfolio, stable return on the portfolio. Industrial Bank senior analyst Jiang Shu believes that gold as portfolio allocation of assets for investors, the primary consideration is the distribution ratio, Furthermore the market timing.
