4 thoughts on “What is the highest price of 2020 gold?”
Dexter
1902 US dollars/ounce I is well known that gold is a commodity, but because of its natural scarcity and preciousness, gold also has financial attributes while having the product attributes. Essence Since the 19th century, gold has undergone three changes in the currency system, namely the golden standard system (1816-1944, gold as its own currency), the Bretton Forest system (1944-1971, gold and USD), and freedom of freedom The floating system (from 1976, the cancellation of gold is linked to the US dollar, and the exchange rate marketization). 1. Starting from the attributes of the product, the price of gold is naturally affected by the supply and demand; 2. Starting from financial attributes, gold as a US dollar asset, the strength of the dollar is to judge the change of gold price changes Important reference factors. In addition, because of its low correlation with large -scale assets such as stocks, gold is also a kind of shelter assets. The panic of the market will fluctuate to gold prices. To expansion information: How to get the future gold price? The factors that support gold prices still exist, but investment risks cannot be ignored. (1) The global economy is still weak. From the perspective of global economic fundamentals, the spread of the new crown epidemic in the world is still the most important factor in restricting and dragging the global economic development and recovery. According to the current development trend and control of major economies such as the United States and Europe, it is expected that it will be difficult to improve significantly in the short term. It's in the second quarter of the United States, GDP shrinks sharply in the second quarter, and has made the biggest decline, showing that the economic growth is weak, domestic demand is still insufficient, and the problem of unemployment has also been reduced to major hidden dangers. In the second quarter of Germany, GDP was the lowest level since 1970. The overall economic data of Europe also performed poorly, and the global economic downward pressure was still high. (2) The monetary policy will still be loose. From the perspective of monetary policy, in order to cope with the major negative impact of the epidemic on the economy, from the Federal Reserve's unlimited loose monetary policy in March, major central banks around the world have opened a comprehensive and loose passage. At the recent Federal Reserve Conference, the US Federal Fund interest rates will remain at a level of nearly 0, and the Federal Reserve has reiterated that Pigeon's remarks will further improve their ease expectations. It is expected that loose monetary policy will continue globally. (3) In the short term, the US dollar is still under pressure, and the risk -free interest rate will still be low. From the perspective of the US dollar purchasing power and interest rate level, due to the recent affected by the epidemic, the US economy is sluggish and will be slower than other major economies. With the continuous "large waterproof" of the Federal Reserve, the US dollar index has fallen to the lowest position in the past two years. Essence Bonds in many countries around the world are at the level of "negative interest rates", and the yield of 10 -year Treasury bonds in the United States has also maintained at a historical low of 0.5%. In the context of global high fiscal deficits, it is expected that countries will still be in a low interest rate environment for a considerable period of time. (4) The product attributes are also supported. From the perspective of commodity attributes, retail demand, investment demand, and central bank reserve demand may continue to improve. Taking the central bank's reserves as an example, in the context of unlimited looseness in the United States, the US dollar credit system has been impacted again, and the global central bank is expected to continue to increase the holdings of gold assets in the context of banknotes.
The price of gold is calculated at weight. There are several ways to weigh in the precious metal and gem markets. The most commonly used is the gold system (TROY), a TROY ounce is about 31.10 grams; and a normal ode is equivalent to 28.35 grams. This price is the dollar of dollars per ounce of gold. The highest price of 2020 gold is about $ 2074.71/ounce. This expansion information: The rise of gold prices will affect the currency price of some countries. There are many factors affecting the price of gold, such as: the interest rates of international politics, economic exchange market, major European and American countries, and monetary policy of central banks of the central banks of various countries, the increase and decrease of gold reserves of the country, the increase and decrease of gold mining costs and the increase and decrease of the jewelry, etc. The trend has an impact. Investors can make a relatively basic judgment and grasp of the trend of gold prices based on these factors. "Capital Theory": "Currency is naturally gold and silver, and gold and silver are not currency." It shows the investment attributes of gold. Gold has become a long -term concentration of all resources to devote all resources to the FXCM Global Global Global Global Global and Stock Index CFD trading industry. The transaction volume of up to 30 billion US dollars per month indicates that it is an independent resource. Gold investment is the most commonly used product in the world to maintain value and two -way transactions. Many different types of investment gold types. Investment and wealth management do not make money, of course, the same is the same, similar to stocks. Therefore, foreign exchange and gold transactions are financial management. Basic knowledge is still needed, and not both foreign exchange and gold trading companies can choose, and not all investment can be profitable. Therefore, it is very important to prepare or be entry knowledge. Gold code is generally xauusd or GOLD. Getting started with gold is an investment behavior. Gold price is a auxiliary index for judging the trend of gold. Golden currency symbols, gold code is generally xauusd or GOLD, these are all internationally connected. Currency symbols are GOLD. First of all Here, some symbols. The most basic knowledge of gold fried gold can also apply for simulation or video at FXCM Golden Hui.com, or learn to know the gold symbol and his exchange rate. Earn profit according to the increase in exchange rate ratio or decrease. The smallest unit of margin transactions. If it is a standard account, the trading unit provided by the broker on the network is a transaction volume of 1 hand (LOT) of 100,000 basic currencies. If it is a mini account, one -handed transaction is 1/10 of the standard account.
1902 US dollars/ounce
I is well known that gold is a commodity, but because of its natural scarcity and preciousness, gold also has financial attributes while having the product attributes. Essence
Since the 19th century, gold has undergone three changes in the currency system, namely the golden standard system (1816-1944, gold as its own currency), the Bretton Forest system (1944-1971, gold and USD), and freedom of freedom The floating system (from 1976, the cancellation of gold is linked to the US dollar, and the exchange rate marketization).
1. Starting from the attributes of the product, the price of gold is naturally affected by the supply and demand;
2. Starting from financial attributes, gold as a US dollar asset, the strength of the dollar is to judge the change of gold price changes Important reference factors. In addition, because of its low correlation with large -scale assets such as stocks, gold is also a kind of shelter assets. The panic of the market will fluctuate to gold prices.
To expansion information:
How to get the future gold price?
The factors that support gold prices still exist, but investment risks cannot be ignored.
(1) The global economy is still weak. From the perspective of global economic fundamentals, the spread of the new crown epidemic in the world is still the most important factor in restricting and dragging the global economic development and recovery. According to the current development trend and control of major economies such as the United States and Europe, it is expected that it will be difficult to improve significantly in the short term.
It's in the second quarter of the United States, GDP shrinks sharply in the second quarter, and has made the biggest decline, showing that the economic growth is weak, domestic demand is still insufficient, and the problem of unemployment has also been reduced to major hidden dangers. In the second quarter of Germany, GDP was the lowest level since 1970. The overall economic data of Europe also performed poorly, and the global economic downward pressure was still high.
(2) The monetary policy will still be loose. From the perspective of monetary policy, in order to cope with the major negative impact of the epidemic on the economy, from the Federal Reserve's unlimited loose monetary policy in March, major central banks around the world have opened a comprehensive and loose passage. At the recent Federal Reserve Conference, the US Federal Fund interest rates will remain at a level of nearly 0, and the Federal Reserve has reiterated that Pigeon's remarks will further improve their ease expectations. It is expected that loose monetary policy will continue globally.
(3) In the short term, the US dollar is still under pressure, and the risk -free interest rate will still be low. From the perspective of the US dollar purchasing power and interest rate level, due to the recent affected by the epidemic, the US economy is sluggish and will be slower than other major economies. With the continuous "large waterproof" of the Federal Reserve, the US dollar index has fallen to the lowest position in the past two years. Essence Bonds in many countries around the world are at the level of "negative interest rates", and the yield of 10 -year Treasury bonds in the United States has also maintained at a historical low of 0.5%. In the context of global high fiscal deficits, it is expected that countries will still be in a low interest rate environment for a considerable period of time.
(4) The product attributes are also supported. From the perspective of commodity attributes, retail demand, investment demand, and central bank reserve demand may continue to improve. Taking the central bank's reserves as an example, in the context of unlimited looseness in the United States, the US dollar credit system has been impacted again, and the global central bank is expected to continue to increase the holdings of gold assets in the context of banknotes.
The price of gold is calculated at weight. There are several ways to weigh in the precious metal and gem markets. The most commonly used is the gold system (TROY), a TROY ounce is about 31.10 grams; and a normal ode is equivalent to 28.35 grams. This price is the dollar of dollars per ounce of gold. The highest price of 2020 gold is about $ 2074.71/ounce.
This expansion information:
The rise of gold prices will affect the currency price of some countries. There are many factors affecting the price of gold, such as: the interest rates of international politics, economic exchange market, major European and American countries, and monetary policy of central banks of the central banks of various countries, the increase and decrease of gold reserves of the country, the increase and decrease of gold mining costs and the increase and decrease of the jewelry, etc. The trend has an impact. Investors can make a relatively basic judgment and grasp of the trend of gold prices based on these factors. "Capital Theory": "Currency is naturally gold and silver, and gold and silver are not currency." It shows the investment attributes of gold. Gold has become a long -term concentration of all resources to devote all resources to the FXCM Global Global Global Global Global and Stock Index CFD trading industry. The transaction volume of up to 30 billion US dollars per month indicates that it is an independent resource. Gold investment is the most commonly used product in the world to maintain value and two -way transactions. Many different types of investment gold types. Investment and wealth management do not make money, of course, the same is the same, similar to stocks. Therefore, foreign exchange and gold transactions are financial management. Basic knowledge is still needed, and not both foreign exchange and gold trading companies can choose, and not all investment can be profitable. Therefore, it is very important to prepare or be entry knowledge. Gold code is generally xauusd or GOLD. Getting started with gold is an investment behavior. Gold price is a auxiliary index for judging the trend of gold.
Golden currency symbols, gold code is generally xauusd or GOLD, these are all internationally connected. Currency symbols are GOLD. First of all Here, some symbols. The most basic knowledge of gold fried gold can also apply for simulation or video at FXCM Golden Hui.com, or learn to know the gold symbol and his exchange rate. Earn profit according to the increase in exchange rate ratio or decrease. The smallest unit of margin transactions. If it is a standard account, the trading unit provided by the broker on the network is a transaction volume of 1 hand (LOT) of 100,000 basic currencies. If it is a mini account, one -handed transaction is 1/10 of the standard account.
According to the dynamic of Fogle products, the highest price of 2020 gold is about $ 2074.71/ounce.
The highest price of 2020 gold is about $ 2074.71/ounce.