Gold in the second half of 2020 will fall. The dollars and gold are the most important reserve assets. The two are reverse, that is, when the US dollar appreciates, the price of gold usually falls, and when the US dollar weakens, the price will probably rise. For the predictions of the US dollar trend in 2020, the opinions of each institution are different. Some institutions believe that global economic growth in 2020 is expected to slow down. If the US economic prospects are not as expected, the Fed maintains interest rates unchanged or even cuts interest rates, then the prediction of the US dollar will also be soft in 2020. Several trading days in 2020, the price of gold has repeatedly soared due to the conflict between the United States and Iran. extension information:
The introduction of the gold and falling of gold is as follows:
In January 8th Iranian missile attacks the US military base in Iraq, the price of gold has even exceeded 1600 USD/ounce. If the conflict between the two parties continues to be upgraded, the rise in gold prices is expected to last for a period of time. In in the past two days of gold price trend, international gold prices have declined at a high level. Generally speaking, due to the influence of the new coronary virus pneumonia, market risk aversion will spread, but in fact, the price of gold is in a downward trend, which is related to various factors. Reference information Source: Phoenix.com-What is the reason behind the fall of gold? Reference information Source: Xinhuanet-New York gold price fell on the 4th
From a long -term perspective, gold will only rise, and of course it will fluctuate, but under the recent international situation unstable impact, gold in 2020 will rise.
Gold's subsequent stages should not be very large. After all, it has fallen a lot. At first, it was because of quantitative looseness, and because of the poor economy, the demand decreased. There is no room for quantified and loose, and now it depends on whether economic development can be restored.
Gold in the second half of 2020 will fall.
The dollars and gold are the most important reserve assets. The two are reverse, that is, when the US dollar appreciates, the price of gold usually falls, and when the US dollar weakens, the price will probably rise. For the predictions of the US dollar trend in 2020, the opinions of each institution are different. Some institutions believe that global economic growth in 2020 is expected to slow down.
If the US economic prospects are not as expected, the Fed maintains interest rates unchanged or even cuts interest rates, then the prediction of the US dollar will also be soft in 2020. Several trading days in 2020, the price of gold has repeatedly soared due to the conflict between the United States and Iran.
extension information:
The introduction of the gold and falling of gold is as follows:
In January 8th Iranian missile attacks the US military base in Iraq, the price of gold has even exceeded 1600 USD/ounce. If the conflict between the two parties continues to be upgraded, the rise in gold prices is expected to last for a period of time.
In in the past two days of gold price trend, international gold prices have declined at a high level. Generally speaking, due to the influence of the new coronary virus pneumonia, market risk aversion will spread, but in fact, the price of gold is in a downward trend, which is related to various factors.
Reference information Source: Phoenix.com-What is the reason behind the fall of gold?
Reference information Source: Xinhuanet-New York gold price fell on the 4th
From a long -term perspective, gold will only rise, and of course it will fluctuate, but under the recent international situation unstable impact, gold in 2020 will rise.
Gold's subsequent stages should not be very large. After all, it has fallen a lot. At first, it was because of quantitative looseness, and because of the poor economy, the demand decreased. There is no room for quantified and loose, and now it depends on whether economic development can be restored.