1 thought on “What are the gold cheap in the general month? Precautions for buying gold”
Garry
As one of the precious metals, gold is both an investment product and a very popular jewelry. Gold prices are constantly fluctuating. Even gold jewelry, the price will have the effect of fluctuations in gold prices. There is a certain seasonal law of gold price fluctuations, so what about gold is cheap in general? . Generally, gold is cheap in the first few months 1. From November to February of the next year, the probability of gold in gold will rise. From the perspective of gold price data in previous years, from the 18 years from 2002 to 2019, the price of gold has risen from about 14 years from November to February. Among them, the number of increases and increases in January was large, with a maximum increase of nearly 48%. 2. The probability of rising gold prices in August and September each year is also large. Among them, the increase in probability and amplitude of the increase in August, but the increase is generally less than January. . On the whole, the probability of rising gold prices in the second half of the year is higher than the first half of the year. The low point of gold prices generally appears in March, July and October, and the high points generally appear in August, September and September December and January. . Precautions for buying gold The seasonal fluctuations of gold prices have a lot to do with the gold supply and demand structure. The consumption demand for gold in gold is mainly gold jewelry. From the second half of the year to the beginning of the following year, there are major festivals around the world, such as the Spring Festival in China, Christmas in the West, and India's discharge festivals. During the holidays, spot gold will also usher in the peak sales season. In addition, there are usually more people who choose to marry in the second half of the year and the end of the year, which is usually more than the first half of the year, which also stimulates the increase in gold consumption demand, and the price of gold will rise. The month when the market demand is relatively bland, the price of gold is relatively low. The above content about the gold and cheapness of the general month, I hope it will be helpful to everyone. Reminder, wealth management is risky, and investment needs to be cautious.
As one of the precious metals, gold is both an investment product and a very popular jewelry. Gold prices are constantly fluctuating. Even gold jewelry, the price will have the effect of fluctuations in gold prices. There is a certain seasonal law of gold price fluctuations, so what about gold is cheap in general?
. Generally, gold is cheap in the first few months
1. From November to February of the next year, the probability of gold in gold will rise. From the perspective of gold price data in previous years, from the 18 years from 2002 to 2019, the price of gold has risen from about 14 years from November to February. Among them, the number of increases and increases in January was large, with a maximum increase of nearly 48%.
2. The probability of rising gold prices in August and September each year is also large. Among them, the increase in probability and amplitude of the increase in August, but the increase is generally less than January.
. On the whole, the probability of rising gold prices in the second half of the year is higher than the first half of the year. The low point of gold prices generally appears in March, July and October, and the high points generally appear in August, September and September December and January.
. Precautions for buying gold
The seasonal fluctuations of gold prices have a lot to do with the gold supply and demand structure. The consumption demand for gold in gold is mainly gold jewelry. From the second half of the year to the beginning of the following year, there are major festivals around the world, such as the Spring Festival in China, Christmas in the West, and India's discharge festivals. During the holidays, spot gold will also usher in the peak sales season.
In addition, there are usually more people who choose to marry in the second half of the year and the end of the year, which is usually more than the first half of the year, which also stimulates the increase in gold consumption demand, and the price of gold will rise.
The month when the market demand is relatively bland, the price of gold is relatively low. The above content about the gold and cheapness of the general month, I hope it will be helpful to everyone. Reminder, wealth management is risky, and investment needs to be cautious.