International gold price one gram of trend analysis
The price of international gold has always been one of the focus of global investors, and its price fluctuations are affected by various factors.This article will focus on today's international gold price one gram of trend, analyze the cause and future trend of its ups and downs.
market background
Recently, the global economic situation has increased uncertainty, and geopolitical risks have increased, which has prompted investors to turn to risk shelter assets.Gold is favored as a traditional risk aversion tool, and its demand continues to grow.At the same time, under the influence of Fed's monetary policy and inflation expectations, gold prices have also fluctuated.
Supply and demand
At present, the global demand for gold mainly comes from the three major areas of jewelry, industry and investment.With the rise of the Asian market and the improvement of middle -class consumption capacity, the demand for jewelry gold has continued to grow; and in terms of industrial use, it is mainly reflected in the fields of electronic product manufacturing; in terms of investment, it includes institutional investors and individual investors.
US dollar exchange rate impact
Because international trade settlement is mainly priced in the US dollar, the price of gold is usually lowered when the US dollar is strong; on the contrary, when the US dollar is weak, it is conducive to boosting gold prices.Therefore, the impact of changes in the exchange rate of the US dollar on the price of gold is needed.
Technical analysis
From a technical point of view, observing the support level and resistance level on the chart can help us better grasp the market trend.At the same time, it is also necessary to consider comprehensive analysis of various technical indicators such as mobile average and relatively strong indicators.
In this way, the length of the article is reached.
