In fact, there have been many positive signals before the price of gold, short-term rebound can be expected.
World Gold Council’s latest second quarter of 2015, “Gold Demand Trends report,” pointed out that although the second quarter of global gold demand reached 915 tons, down 12%, but by strong consumer confidence boost gold coins and bullion demand Van Cleef & Arpels jewelry replicas Europe and the United States demand for gold has increased.
China’s second-quarter demand for gold bars and coins rose by 6% to 42 mt. In Europe, concerns about Greece out of the euro has pushed up gold retail investment in the region – rose 19 percent to 47 tonnes. US market has also experienced strong investment demand, retail investment grew 7%. It is worth noting that the US Mint’s gold sales surge in June, reaching its highest level in 17 months.
In addition, it is worth noting that central banks continue to be an important buyer, bought a net 137 tons in the second quarter, the Bank of Russia and Kazakhstan, the two countries where the largest net buyers. Although compared to last year, the central bank to buy gold fell 13%, but the replica van cleef and arpels necklace chain still rose 11%. This is the world’s 18th consecutive quarter of central banks become net buyers of gold. July 17, China’s central bank after a lapse of six years, the latest gold reserves announced data show that as of June 2015, China’s holdings of gold reserves from the previous 1054.1 tons rose to 1658.1 tons, an increase of 604 tons, the total ranks fifth in the world.
Wang Lixin said: “After the 2008 financial crisis, replica Van Cleef Arpels based on the performance of gold to resist the crisis, the central banks gold attitudes fundamental change in official reserves is not the purpose of the pursuit of high returns, but to protect the independence via gold prices. after the assets of national security. and this independence in China as the second largest economic entity will become increasingly large role in RMB internationalization process of this independence will be more and replica van cleef and arpels necklace more attention. ”
In addition to these positive factors, the industry also pointed out that the correlation between gold and other assets is not high, independence.
Wang Lixin Investors are advised: “Any time that gold should be configured, allocation replica van cleef and arpels earrings ratio may be in the range of 5% -10% of household assets of more ordinary people should be selected based on the spot gold products, such as gold ETF, gold bank accounts. Wait.”
However, Wu Yu buy gold is not very reassuring, she said:. “Chose gold ETF trading, but also the sale, easy cash, gold ETF may be in kind or cash purchase and redemption Many analysts agree that for gold Fed rate hike is still a big bad, so I invest in gold is short-term operation. “