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.
International by weight.
There are several methods of weighing in the gemstone market.
The most common is the TROY system. A TROY ounce is about 31.10 grams.
A cubic ounce is about 28.35 grams.
The price of gold is calculated by weight.
This is the dollar price per ounce of gold.
An increase in the value of a number of countries’ currencies.
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.
These factors can be based on the gold price trend relatively basic judgment and grasp.
Today, the international sub-market opened 1236, the lowest 1232.8, the highest pulled up to 1246 near, continue to show strong long desire, and last week to collect the inverted hammer head of the sun column, the lower lead just back to step on the BOLL lower track.
The December employment report, due on Friday, is expected to show a gain of 193,000 jobs.
Nonfarm payrolls added 203,000 jobs in November and the unemployment rate fell 0.3 percentage point to 7 percent.
It is possible that the non-farm will continue to be strong this month. The strong performance of the link provides strong confidence for the Federal Reserve to reduce QE. If the non-farm will continue to be strong this month, the gold rally will be short-lived, and it will not escape the negative impact of the data again depressed and the Fed’s expectation to reduce QE.
Super events are coming, December non-farm data is coming, the international gold price will also be affected by these factors, then, 17:02 Beijing time, the current international gold price at 1236.49 USD/oz.
The above is about the “current international gold price” related introduction