which is delivered after the transaction is completed or within a few days.
Spot market without dealer, market norms, strong self-discipline, sound laws and regulations.
There are many influencing factors, 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 jewelry gold all have an impact on its trend.
Those who can carry on relative basic judgment and grasp to trend according to these factors.
With the S&P 500 on track to be one of the 10 best assets in 2013, why has gold, also a financial asset, been such a loser this year?
The recent official announcement by the Federal Reserve to taper QE is actually an affirmation of the improvement of the US economy. Combined with the positive macroeconomic data in the US, it is reasonable to say that the US stock market should have recorded higher gains than it has.
Oddly, even so, gold is not getting much support.
The central bank has been easing policy for years, with little effect on inflation, prompting it to consider winding down QE slightly.
Low global inflation expectations have certainly dented gold’s appeal as an excellent asset against inflation.
In addition, the underperformance of emerging markets, which had been expected by analysts, was one of many factors weighing on gold prices.
For the gold market, there are two major questions. One is whether the U.S. economy and stocks can maintain their strength next year.
The second is will gold finally reach the bottom?
As things stand, the bears’ power is waning and analysts think the 1180 level is likely to be the bottom of the current market.
There are four reasons for the decline in 2013:1) the continuous improvement of the American economy 2) the Federal Reserve reduced the size of 10 billion QE 3) global central bank easing policy 4) emerging markets economic growth is slow above is about the “2013 international gold price decline reasons” related introduction