By weight.
This price is in dollars per ounce.
The history of customization can be traced back to the Rothschilds, who used to control the pricing of gold,
Since then, the United States has set the price of gold ($35 per ounce) due to the Bretton Woods system, but in 2012 the price (or gold, for short) has been set by four major gold dealers (HSBC, Maple Bank, Republic Bank and Rothschild Bank).
The unit of price is dollars per ounce.
There are three main types of priceofgold in the world: the market price, the production price and the quasi-official price.
All other gold prices are derived from this.
There are many factors affecting the international market, such as international politics, economic foreign exchange, interest rates and monetary policies of major European and American countries. The increase and decrease of gold reserves, the rise and fall of gold mining costs, industry and the increase and decrease of gold used in jewelry all have an impact on its trend.
Investors can make relatively basic judgments and grasp on the trend of gold prices based on these factors.
To determine whether the general trend of the gold market is upward or downward, it often requires fundamental analysis. There are many factors that affect the trend of the gold price, and investors need to analyze them one by one to determine the main factors.
Here are the big influences on price action:
Gold dollar, the price of crude oil, product market, the stock market, political turmoil, the central bank, the financial crisis, inflation and global economic situation will be further improved, in 2014 the possibility of volatility will be reduced, because the crisis in the euro zone seems to have stabilized, some emerging markets are concern seems to have faded,
The Federal Reserve has started tapering QE and inflation is low;
If there is no serious shock, investor demand for gold may not pick up, so the afternoon gold has become a trend lower.
Western countries are currently basking in the festival, the international gold market is flat, 17:02 Beijing time, international gold at $1205.70 / oz.
The above is about the “international gold today gold price” related introduction