subject: Nanjing, Two Diving Gold Jewelry Price Of Four Days [print this page] 23 days, the domestic gold continues to drop, spot gold closed 162.9 yuan / gram, gold plate the lowest 159 yuan / g, platinum prices fell below 200 yuan / gram. Affected, Nanjing, gold bullion sales decline, businesses cut again today, the price of gold jewelry. Gold analysts believe the market decline will continue for commodities, oil, gold spared.
Stock futures fall accessories Qi Spot gold Thursday morning in the Asian markets extended a 6% decline in New York, hit 13-month low. Spot gold was quoted at 719.25 U.S. dollars an ounce, compared with Wednesday's closing level on behalf of the New York market, fell 8.25 U.S. dollars, has touched an intraday low of 719.10, from September 2007 is the lowest since. Spot Platinum 810.00 U.S. dollars an ounce, to become the lowest since August 2004. New York Mercantile Exchange fell 13.0 U.S. dollars of gold, 722.2 U.S. dollars an ounce.
Domestic front, the Shanghai Gold Exchange reported that gold extension AU (T + D) yesterday closed at 161.41 yuan / gram, compared with the previous trading day settled down 8.30 yuan / gram. Spot AU9999 closed at 162.90 yuan / gram, down 6.10 yuan / gram. Variety PT9995 platinum trading today below 200 yuan / gram mark, closing at 196.00 yuan / gram, fell 9.00 yuan / gram.
Affected, Nanjing, a further drop in price today, gold jewelry, silver floor Baoqing reporter from the sun and moon jewelry know, gold jewelry from 239 yuan / g down to 229 yuan / g, a sharp decline in platinum, 30 yuan / gram, from the 468 yuan / g adjusted to 438 yuan / gram. In fact, the price of gold in Nanjing just down 21, then from 248 yuan / g down to 239 yuan / gram. This is four days, and jewelry of the second price adjustment.
Gold bullion sales "into the refrigerator"
Price cuts, although not a bad thing, but to buy gold jewelry and gold bars for consumers who always want to buy up. Mr. Zhang told reporters the public, although not fry your money, but money will buy more gold and gold bars, he thinks gold is the most hedge against inflation. However, the recent change in his view, "Last year, gold has been rising, at the end I bought some gold bars, put not only this year did not hedge, and shrink." He said that in the short term will not buy their own gold bars.
Businesses feel the consumer to buy up not to buy or psychological, from a reporter to sell gold jewelry, gold bars, jewelry based business understand that the National Day period, Nanjing gold sales still hot, but after the National Day market as quickly as if into the refrigerator cool. The company's official told reporters: "Judging from the feedback terminal, gold jewelry sales fell particularly because sales of gold bars have been poor for some time, gold jewelry, the investment function is not strong, by the impact of international and domestic gold smaller, but '11' or down after the sales. "While no specific statistics come out, but the person in charge said:" The sales staff will be able to feel the sharp drop in sales. "
Shanghai positions of the sharp rise of gold
And in different retail markets deserted, gold futures market seems to be particularly lively. Yesterday, there have been funds into, positions and even more than 60,000 hands, reaching a record high in Shanghai gold. Donghua Futures chief analyst Tao Jinfeng that, although the availability of funds to enter, but can not explain investors bullish on gold in Masukura circumstances, gold is still going down, you may just shows investors are not optimistic. In addition, the sharp drop in the gold market, the Shanghai gold continued influx of funds, Tao Jinfeng said: "The dramatic fluctuations in the overall gold market is still depressed part of attracting investors, because no other investment channels are angry . "
Tao Jinfeng told reporters that the recent gold price crash is still under the impact of a stronger U.S. dollar, dragged down by the overall decline in commodities. Meanwhile, the gold hedge against inflation, demand and demand is weakening. In his view, and the gold price closely associated with oil prices will continue to decline, 50 dollars / barrel will be a relative bottom, so gold in the relatively long period of time will be in the downward trend. "Barring war or unexpected expansion of the financial crisis, or difficult to reverse the tide gold."
Nanjing, Two Diving Gold Jewelry Price Of Four Days
