Precious metals investment

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British precious metal prices

Under this circumstance, a new tactic may be introduced to push up silver and divert funds that could have sought after gold. Of course, this in itself can also be profitable. In response to this speculation, at the end of October 2010, the Wall Street Journal and other media reported that Manhattan Federal Court had received at least two lawsuits against JPMorgan Chase and HSBC Holdings, and the two banks were accused of conspiring to manipulate silver futures prices. Perhaps a glimpsBritish precious metal pricese of it.

The investment of US$250 million is not a large number for a person who has made US$20 billion in two years. However, according to the information disclosed by Paulson this year, the company's funds have increased their gold holdings on a large scale this year, including gold investment funds and gold company stocks.

The shock of the international spot gold price above US$1,000 per ounce has lasted for more than four months, which shows that consumers and investors have basically begun to recognize and actively accept the'thousand yuan' height of the gold price. Xiao Lei, an analyst at Xihanzhi Gold Company, believes that gold prices will show more consolidation in the later period.

Except that gold jewelry is not an investment, gold bars, gold coins, paper gold, gold stocks, gold futures and gold funds are all gold investments. Generally speaking, gold coins have the most premium. Although the appreciation space may be relatively large, they are too professional and difficult to realize. Therefore, ordinary citizens generally should not choose gold coins as investment products; gold stocks are derivatives of gold investment, except for the price of gold itself In addition to the ups and downs, the performance of the business also plays a considerable role; gold futures are leveraged trading, which magnifies the rise and fall of the price of gold by 10 times. If you misunderstand, investors may suffer a tragedy of losing their money.

2. A series of economic data released last week also heated up policy expectations. Exports in July increased by 1.0% year-on-year, which was much lower than market expectations of 8.6%. Last month, there was a big increase of 11.3%. Imports in July rose by 4.7% year-on-year, and the increase was also lower than the expected 7.2% increase after the 6.3% increase in June. At the same time, the Consumer Price Index (CPI) in July rose 1.8% year-on-year, down from 2.2% in June, the lowest growth rate in nearly 30 months.

In April, Hu Xiaolian, director of the State Administration of Foreign Exchange, stated that from 2003 to 2009, my country's gold holdings increased substantially from 600 tons to 1054 tons, an increase of 75%. In this regard, gold analysts recently told the "DaiBritish precious metal pricesly Economic News" reporter that so far, in terms of US dollars, my country's gold reserve assets may have appreciated by more than four times, and the increase in gold holdings during this period has netted more than 4 billion US dollars. .

OANDA chief strategist Dean Popplewell said that the euro, which plunged more than 3% against the US dollar two weeks ago, may have bottomed out for the time being, especially if Greece passed the IMF's assessment this week and received 12 billion euros in the next IMF/EU emergency loan . Allanvon Mehren, chief analyst at Danske Bank, said he expects the IMF to provide 12 billion euros in funding next month as scheduled. He added: If not, it is not only the failure of Greece, but also the failure of the IMF.

On September 2, the US non-agricultural employment data, which is an important economic data that the global market pays close attention to, was announced: In August, there was zero growth in US employment, which was the worst performance since September 2010. The poor economic report card quickly dampened market confidence, and major European and American stock markets fell in response.

On the last trading day (13th), precious metals fluctuated significantly due to factors such as mixed US economic data. In the day, gold hit a minimum of 1304.60 US dollars and a maximum touch of around 1315 US dollars; spot silver has a minimum of 19.68 US dollars and a maximum of 20.07 US dollars. Data center data show that London gold closed up 3.9 US dollars to 1312.45 US dollars, an increase of 0.3%; spot silver closed at 19.80 US dollars, down 8 cents, or 0.4%.

297 yuan/gram, has hit a record high in the price of gold jewelry. In May and June last year, the price of gold jewelry also experienced a fairly rapid rise. At that time, the price reached a maximum of 288 yuan per gram, but it was just a roller coaster ride, and at the end of the year it had fallen to a low price of 200 yuan.