Gold price query is difficult, what is the reason?

The reasons for the difficulty of gold price query

As an important precious metal, gold fluctuations have an important impact on the global economy and investment markets.However, in recent years, many people have found that the gold price query has become increasingly difficult. Why is this?This article will discuss this issue from several aspects.

Purchase relationship between supply and demand

First of all, the main reason for the difficulty of gold price inquiry is that its supply and demand relationship is extremely complicated.As an asset with existing physical value and risk -absorbing attributes, gold is widely held and traded worldwide.Its price is affected by various factors, including the global economic situation, geopolitical risks, inflation expectations, and so on.These factors are intertwined together, making prediction and interpretation of gold prices very challenging.

Market information opaque

Secondly, opaque market information is also one of the important reasons for the difficulty of gold price inquiry.Compared with other assets such as stocks or foreign exchange, the gold market is not as open and transparent as that.Most transactions occur in the market outside the market or are controlled by a few large institutions. There are large limitations in terms of interest.At the same time, governments and central banks may also affect the gold market trend through intervention methods, and they often do not make public.

Technical analysis failure

In addition, the use of technical analysis tools when trying to perform short -term or medium -term speculation may also encounter problems.Due to the complicated supply and demand relationship and opaque market information, various interference signals have appeared frequently, and the differences between the noise signals and the real signal cannot be effectively filtered.