Beijing Gold Price Declines Tenth Times During The Year

After the golden week of "P" and "eleven", the price of gold has been lowered again.

Affected by the recent continuous shocks of international gold prices, yesterday, Beijing's 100 yuan gold and other gold stores dropped 6 yuan to 329 yuan per gram.

This is the tenth time the gold price has been cut in a year.

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< p > the international gold price has been suppressed by the continuous rise of the US dollar, the shutdown of the US government, and Obama's nomination of Yellen as the chairman of the Federal Reserve.

Affected by this influence, the gold stores, such as Cai Bai, Gong Mei and Guohua, lowered their gold prices yesterday. Among them, thousands of gold coins were reduced from 335 yuan per gram to 329 yuan, and the fine was reduced from 332 yuan per gram to 325 yuan, and platinum jewelry was down 10 yuan per gram.

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< p > in addition, yesterday, Beijing sun gold shop thousand feet < a href= "//www.sjfzxm.com/news/index_c.asp" > gold jewelry < /a > price reduced from 333 yuan / gram to 327 yuan / gram, member price 322 yuan / gram, 6 yuan per gram.

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< p > reporters learned that the international gold price continued to decline in the first half of this year, and it broke $1200 / ounce at the end of June, but then the international gold price rebounded. In August 23rd, the price of gold ornaments in Beijing rose for the first time this year.

However, in less than a month, the price of terminal gold ornaments in Beijing market is declining again.

As of yesterday, the Beijing market has ended this year's terminal < a href= "//www.sjfzxm.com/news/index_c.asp" > gold jewelry < /a > price has been reduced by 10 times.

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Jiao Guangyi, deputy general manager of sun Jindian, said yesterday that the gold price reduction was the impact of the continued decline in gold prices in the near future. P

"Especially last night, gold prices fell sharply, or nearly 1%, or below 1300 US dollars / ounce."

Jiao Guangyi said yesterday.

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< p > for the future gold price trend, Jiao Guangyi believes that the current trend of us quantitative easing policy is not clear. If the US economy recovers and withdraws from quantitative easing policy, the price of gold will likely show a sharp downward trend. But recently, Yellen, known as "dovish of quantitative easing", is nominated as the next chairman of the Federal Reserve, which will enhance the expectation of the United States to continue the above policy to a certain extent.

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< p >, therefore, he suggested that consumers who invest less than a href= "//www.sjfzxm.com/news/index_c.asp" > Gold < /a > should wait and see before deciding on the trend.

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