The fluctuations in the foreign exchange market have a significant impact on the gold market. When the US dollar exchange rate rises or falls sharply, it often drives gold down and up. The rise of the euro will also drive the rise of gold. Generally speaking, the rise of the US dollar, the fall of gold, the fall of the US dollar, and the rise of gold may occur simultaneously. However, such situations are very rare. If such a situation occurs, investors need to carefully analyze and consider it.
在国际foreign exchange市场上,美元的疲软往往会推动金价的上涨,这是由于美元的下跌既可以使那些以非美元作为本位币的投资者用其他货币买到便宜的黄金,同时又能刺激黄金需求,特别是黄金首饰方面的消费需求。如1985~1987年,美元对瑞士法郎贬值40%时,黄金价格就从每盎司300The US dollar has risen to500USD.
1971year8Month and1973year2In the month of the month, the US government twice announced the depreciation of the US dollar, which was due to factors such as the significant decline in the US dollar exchange rate and inflation,1980At the beginning of the year, the price of gold in the international gold market rose to a historic high, breaking through800dollar/ounce.
Looking back at over thirty years of history, it can be found that whenever the exchange rate of the US dollar against other Western currencies is strong, the price of gold in the international market will drop significantly. If there is a slight depreciation of the US dollar, the price of gold will gradually rise.
二、战争状态,金价攀升
In history, gold was not only seen as a means to prevent inflation, but also as a form of insurance against war and natural disasters. Unlike paper currency, gold is an effective medium for value exchange in any social environment or country, and is a hard currency that is not affected by the local social system and economic environment at that time.
The ongoing political turmoil and wars in the international community will ultimately affect gold production and lead to a decrease in gold supply, leading to an increase in gold prices. Of course, there are also cases where the unstable political situation has led to a large number of investors abandoning other investment tools and turning to gold as investment preservers, thereby expanding demand and stimulating the sustained rise in gold prices.
The gold market is often a strange mixture of numbness and sensitivity, rationality and blindness intertwined. Only by following changes in market mentality can we understand what the market is doing.
四、时间规律,不可忘记
The US dollar is used annually3~9The possibility of a monthly increase is greater than a decrease, and the possibility of a gold market decline during this period is greater than an increase. Every year10From month to year2The possibility of a downward trend is greater than an upward trend. The possibility of an increase in the gold market during this period is greater than a decrease.