How To Manage Gold During The Spring Festival? Experts Caution Against Buying At Bargain Prices.
As the Spring Festival is approaching, how to make people idle is more numerous.
Investment
The focus of attention.
Especially during the Spring Festival, investors are hoping to "speculate" at this time, whether they are moved from the stock market or the year-end bonus issued by the unit.
With the recent advance in the gold market, can people take this opportunity to buy something?
gold
Chinese new year? When is the right time to buy?
Professionals pointed out that many people like to buy gold jewelry during festivals and commemorate gold bars, commemorative gold coins, a few jewelry counters or even sell investment gold bars.
But it is expected that the price of commemorative gold bars will be high during the festival. If there is no need for it, we may as well buy it later.
In addition, investors who can do business can uphold "buying on high and buying at bargain prices".
During the Spring Festival, foreigners do not take vacations, and the international gold market runs as usual. In the past years, gold prices generally fluctuated greatly during the Spring Festival.
In the past 3 years, the fluctuation during the Spring Festival has been dominated by upward fluctuations.
For example, in the month before and after the Spring Festival in 2009, the price of gold rose by 30%.
However, after the year 2011,
Gold price
But began to oscillate downward, and last Thursday, gold prices also hit a low of nearly two months, and Friday continued to decline again, and continued to decline.
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