wholesale not your sisters jewelry il Will gold continue to fall?

wholesale jewelry and accessory Gold prices may continue to fall, but the rise in gold prices mainly depends on the development trend of the gold market. When a large amount of funds flow into the gold market, it may stimulate the price of gold and slow down the price of gold. Coupled with the impact of the epidemic, the speedy of the vaccine will inevitably drive the economic recovery. In order to avoid the adverse effects of US debt rise, when the factors that promote gold prices are gone, gold will fall.
How to judge the trend of gold
1. Supply and demand relationship: Gold is a product with specific value, so it will also be affected by the change in supply and demand relationship. When the price of gold rises, people's demand will greatly decrease, and the supply of gold will greatly increase;
2. The trend of the US dollar: The relationship between gold and the US dollar is negative. The price of the dollar starts to appreciate, and the price of gold will fall; on the contrary, when the US dollar starts to depreciate, the price of gold will rise. At this time, gold can play a good value preservation role; The value of itself is corresponding to the price of gold, and it usually does not deviate too much. When the market economy is downturn, the value of gold is very obvious.
The latest gold market analysis
The Asian market on Friday, November 19th, spot gold remained stable near 1859. The price of gold fell slightly on Thursday (November 18), because the number of non -unemployed funds fell to the lowest in 20 months, which strengthened the market's expectations of the Federal Reserve's early interest rate hikes, but the strengthening of the US dollar limited the decline in gold prices. Inflation is still the focus of investors' attention. Federal Reserve Governor Williams said the inflation in the United States has become more common and expected to rise in future prices is rising. Policy makers will pay close attention to this trend. Last week, the number of people applied for unemployment relief for the first time in the United States fell to the level before the epidemic, and the labor market continued to recover, but the shortage of workers still hindered the acceleration of employment growth. As the global inflation soared, the expected expected policies of the central banks of various countries had disagreement and pushed the US dollar soaring. Analysts said that the US dollar has risen across the board, and the market will now take a step back to evaluate whether the theme of inflation is really continuous at the speed that everyone thinks. Taken together, the price of gold continues to fluctuate at a high level. There are not many important economic data released this week, and the price of gold in the short term may still be dominated by shocks. You can pay attention to retail data from Britain and Canada for a few days.
The technical surface of the golden surface, yesterday, the gold rushing fell to the low level, with a maximum pressure of $ 1770.80 | ounces, and the US market fluctuated in the later period to a minimum of US $ 1854.50 | ounces, which remained within the range at the beginning of the week. The space shrinks slightly. Receive a Xiaoyin K -line. Slowing local shocks. High -level organizational and correction. Today's weekly finale, the probability is the way to shock the ending.