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 GOLD (GOLD code general international practice is XAUUSD, or GOLD, Chinese name is also called international spot GOLD and London GOLD) is a date transaction, refers to the transaction after delivery or delivery within a few days.
Also commonly known as spot gold is the world’s largest stock.
Physical gold is heavily traded every day, some $20 trillion a day.
Therefore, no consortium or institution can artificially manipulate such a huge market, completely depend on the spontaneous regulation of the market.
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.
Yesterday’s strong ADP data, tomorrow in December, international will add to the pain or help?
Beijing time 17:02, today’s international gold price at 1226.56 USD/oz.
The above is about the “today’s international gold price” related introduction